What happened
Shares of
The customer relationship management (CRM) software company s stock has been steadily climbing over the years as the business continues to post impressive growth.
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So what
Salesforce.com is the market leader in CRM software, reigning at number one in terms of revenue for seven consecutive years. The software-as-a-service company continues to grow its subscription revenue at a steady pace, up 26.3% year over year for the first nine months of the fiscal year 2021 ended Oct. 31, 2020, to $14.5 billion. Revenue guidance provided by the company for its fiscal year 2022 is for 21% year-over-year growth, as Salesforce s growth momentum continues unabated.