SalesForce CEO causes “appropriate conservative” guidance because stocks are reduced after profit

In an interview on Wednesday with CNBC Jim Kramer. Seller CEO Mark Beniof defended his company, even if the figures were disappointed by Wall Rate.

“Our results are absolutely fantastic, and our recommendations also, you know, are always properly conservative,” Beniof said.

Enterprise software company published Its quarterly results on Wednesday after closing. Despite the fact that the company shared the disappointing guidance, she managed to defeat the estimates for profits and profits. The action dropped more than 5% at extended bidding.

Salesforce lagged from their peers this year, when investors are worried about the growth of a company that has been delayed in uniform figures since the middle of last year, CNBC reports. The stock decreases more than 23%.

Benioff said that Salesforce customers are satisfied with the artificial intelligence agent, which, he said, is not just a “repaired chat”, but also a technology that “gives them the opportunity to transform their business fundamentally.”

Salesforce also has has grown According to Beniof, his own business with AI agents. He said the company “reduced the number of heads we have in the service and support because we supplemented it with agents.”

Beniof said Salesforce saw success with his largest clients, US government. He said Tippin in an agreement with the army.

“We had a huge success in the pallet, because, by the way, our prices are just lower,” Beniof said. “We offer a very competitive product as much less,” he continued.

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Refusal CNBC Investing Club Clublic Trust owns Salesforce.