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Cloud Stocks: Analysis of Salesforce's AI Acquisitions

Salesforce (NYSE: CRM) recently announced its fourth quarter results that continued to surpass market expectations. However, the disappointing outlook sent the stock slipping 2% in the after-hours trading session. Salesforce's Financials Salesforce's revenues for the third quarter grew 11% to $9.29 billion, ahead of analyst estimates of $9.22 billion. Adjusted earnings of $2.29 per share were better than the market's forecast of $2.26 per share. By segment, Subscription and support revenues grew 12% to $8.75 billion. Professional services and other revenues fell 9% to $0.54 billion. Current remaining performance obligations grew 12% to $27.6 billion, better than the outlook of $27.09 billion. Its annual revenue grew 11% to $34.86 billion. Subscription and support revenues for the full fiscal year grew 12% to $32.54 billion, and professional services and other revenues were flat at $2.32 billion. For the first quarter, Salesforce forecast revenues of $9.12-$9.17 billion a ....

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Why Integration Marketplaces Should Be Considered For Your SaaS Company

In the end, the integration marketplace is more than a feature it’s a reflection of the interconnected nature of today’s digital business landscape. ....

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