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On January 22, 2025, SalesForce CEO Mark Beniof participated in an interview at the World Economic Forum in Davos, Switzerland.
Chris Ratcliffe | Bloomberg | Gets the image
Seller The shares were changing in expanded trading on Wednesday after the customer sales and service manufacturer reported the results and recommendations in the first quarter.
Here’s how the company performed relatively consensus LSEG:
- Profit per share: 2.58 dollars adjusted against 2.54, expected
- Income: 9.83 billion dollars are expected against $ 9.75 billion
SalesForce revenue rose by 7.6% per year in the quarter ended on April 30, according to A statement. A net profit of $ 1.54 billion, or $ 1.59 per share, was mostly equal to $ 1.53 billion, or $ 1.56 per share a year ago.
President Donald Trump has announced wide tariffs for goods imported to the United States in early April. Co -founder and CEO Mark Beniof sounded positive about the results of the company for the quarter, pointing to its planannounced on Tuesday to buy data management companies Infortatica $ 8 billion.
This would be the most beautiful acquisition of Salesforce with $ 27.1 billion A weak deal In 2021, Slack noted the top end of the salesforce ransom made under Benioph. Investor activists causes concern About all costs except for the slowdown in income.
Salesforce has come into effect by reducing 10% of their number. Benioof announced That the Committee on Fusion and Revolution of the Council was dissolved. The Company’s Finance Chief at the time said he would get to The purpose of expanding margins Two years earlier. And salesforce started Payment of dividends shareholders.
Informatica’s initial reception was usually favorable. “In our opinion, Salesforce pays a reasonable amount for the asset, and the transactions should be more easily digested by investors than some of the company’s big transactions in the past (ie Slack),” “Stifel Analysts, led by J. Parker Lane wrote in a note client. Investment bank has a shopping rate at Salesfors.
Beniof spent about 20 years, talking about how to unite Informatica and Salesforce together, he said at a conference call with analysts. Last year, both companies left after the negotiations, he said.
Informatica was founded in 1993 and became public in 1999. PERMIRA and Canada’s funds retirement plan bought it in 2015 and at the time Microsoft And Salesforce bought rates. He returned to state markets in 2021. Earlier this month Informatica – Note Its profit from the last quarter by $ 403.9 million increased by 3.9%, and the annual profit from the cloud subscription – by $ 848 million, increased by 30%.
During the financial first quarter Salesforce submitted AgentExchange Market for artificial intelligence agents.
The management sees from $ 2.76 to $ 2.78 from a $ 10.11 billion of revenue for a share of $ 10.16 billion in profit for the second financial quarter. Analysts surveyed by LSEG expected $ 2.73 to adjusted $ 10.01 billion.
Salesforce pressed the forecast for the full year. He called for $ 11.27 to $ 11.33 from the adjusted profit for the share and from $ 41.0 billion to $ 41.3 billion, which means 8% to 9% revenue growth. Lseg consensus included a net income of $ 11.16 per share and $ 40.82 billion. Administration In February It amounted to $ 11.09 to $ 11.17 from adjusted income, with $ 40.5 billion to $ 40.9 billion.
As of Wednesday, the shares were still about 18% in 2025, while the S&P index was unchanged.
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