Salesforce reports Q4 revenue up 14% YoY to $8.38B, vs. $7.99B est., Q1 revenue guidance above est., and doubles its share buyback to $20B; CRM jumps 10%+
CRM giant beats growth forecasts, guides strongly and announces more shareholder return Jordan Novet / CNBC : Salesforce shares jump 16% on better-than-expected forecast Orianna Rosa Royle / Fortune : Salesforce CEO Marc Benioff's message to leaders: Do you need to unleash the Elon within you? Benjamin Godfrey / Coinspeaker : Salesforce (CRM) Stocks Jumps 15% in Pre-Market after Sharing Impressive Q4 2023 Revenue Figures Reuters : Salesforce signals strong position with buyback plan boost, upbeat forecast Wade Tyler Millward / CRN : Salesforce Q4 Earnings: Revenue Beat Expectations During ‘Reassess’ Moment Bloomberg : Salesforce CEO Praises Activist Investors After Earnings-Fueled Rally Jeremy C. Owens / MarketWatch : Salesforce stock soars as Benioff says goal is to be the ‘most profitable software company in the world’ Brian Sozzi / Yahoo Finance : Salesforce CEO Marc Benioff: ‘We have hit the hyper-space button’ Duncan Riley / SiliconANGLE : Salesforce shares surge on earnings beat, revised outlook and $20B stock buyback program Ted Andersen / San Francisco Business Journal : ‘Profitability is our highest priority,’ Salesforce CEO Marc Benioff says as he signals shift in strategy The Information : Salesforce Shares Jump 15% Despite Weak Revenue Forecast Tweets: Alistair Barr / @alistairmbarr : Mentions of ‘Ohana’ down noticeably on today's conference call https://www.businessinsider.com/ ... via @businessinsider @paayalzaveri @quinnypig : As a Salesforce customer I'm eagerly and excitedly awaiting price hikes for an app that still only lets you have one MFA device registered per account. https://twitter.com/... Kylie Robison / @kyliebytes : $CRM earnings, from @Benioff: “We closed FY23 with operating cash flow reaching $7.1 billion, up 19% year-over-year, the highest cash flow in our company's history, and one of the highest cash flows of any enterprise software company our size.” https://investor.salesforce.com/ ...