Salesforce q2 earnings 2024

Second quarter non-GAAP operating margin was Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps. The GAAP tax rates may fluctuate due to discrete tax items and related effects in conjunction with certain provisions in the Tax Cuts and Jobs Act, salesforce q2 earnings 2024, future acquisitions or other transactions.

Categories Analysis , Technology. Customer relationship management platform Salesforce, Inc. Encouraged by the positive outcome, the management raised its full-year guidance. The shares have maintained an uptrend since the beginning of the year, after suffering losses in From the lower valuation, the stock seems to be on its way back to the record highs of

Salesforce q2 earnings 2024

Posted by Joachim Bartels Sep 11, ! Homepage Slider ,! Salesforce delivered the following results for its fiscal second quarter:. Second quarter non-GAAP operating margin was Restructuring negatively impacted second quarter GAAP operating margin by 50 bps. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps. Source: Salesforce Earnings Release. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general. The BIIA library is approaching 10, news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. You must be logged in to post a comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.

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Read the Salesforce FY Q2 earnings press release for more information. Salesforce has been rapidly adopting and incorporating AI into its product offerings and rolling them out throughout the quarter. The company has been among the most active SaaS vendors in incorporating generative AI technologies across its product portfolio, while also demonstrating a commitment to deploying it responsibly, via the Einstein Trust Layer. Our view is that, given the rapid integration of generative AI into Sales Cloud, Marketing Cloud, Service Cloud, and Commerce Cloud, among its other products, Salesforce should be able to continue to win over prospects that are increasingly trying to leverage the customer data they have been collecting to provide more personalization and context-relevant products and services. From a business unit perspective, all units continue to post double-digit revenue growth for fiscal Q2 in constant currency. The vision of equipping workers with their own productivity assistant by embedding AI across the entire suite of products is not solely a Salesforce vision.

Salesforce, Inc. After managements prepared remarks, we will open the floor to questions. Sir, you may begin. Michael Spencer: Thank you. Good afternoon, and thanks for joining us today on fiscal third quarter results conference call.

Salesforce q2 earnings 2024

If you are interested in watching the full episode you can check it out here. Disclaimer: The Six Five Webcast is for information and entertainment purposes only. Over the course of this webcast, we may talk about companies that are publicly traded and we may even reference that fact and their equity share price, but please do not take anything that we say as a recommendation about what you should do with your investment dollars. We are not investment advisors and we ask that you do not treat us as such. So listen, Salesforce had a beat, beat, beat. They ran the tables on this one.

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This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Camberley Bates and Steven Dickens. Linkedin Youtube Facebook. He has authored in-depth reports and market forecast studies covering artificial intelligence, biometrics, data analytics, robotics, high performance computing, and quantum computing, with a specific focus on the use of these technologies within large enterprise organizations and SMBs. August 31, August 31, From the leading edge of AI to global technology policy, Daniel makes the connections between business, people and tech that are required for companies to benefit most from their technology investments. Second quarter non-GAAP operating margin was FX Impact 4. The author does not hold any equity positions with any company mentioned in this article. Restructuring negatively impacted second quarter operating cash flow growth by 16, bps. Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. Hybrid Cloud, Infrastructure, and Operations. Categories: AI , Enterprise Applications. Login Login Lost my Password.

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Restructuring 2 3. Daniel Newman. IBM Stock. The home improvement retailer is scheduled to report its. Author Information. You can always unsubscribe from our content at any time. Search Search. Income tax effects and adjustments 4. His speaking takes him around the world each year as he shares his vision of the role technology will play in our future. See below for an explanation of non-GAAP financial measures. The current price is well above the week average. From a business unit perspective, all units continue to post double-digit revenue growth for fiscal Q2 in constant currency. Mitch Lewis. Please reach out with a message and we will follow up with you shortly!