- Salesforce, Inc CRM internally disclosed in late November that Mark Carter, executive vice president of security, would depart.
- Carter held leadership roles at Amazon.com Inc, Tesla Inc, and Google, among other tech companies, before joining Salesforce a year ago, Bloomberg reported.
- Salesforce made a surprise announcement Wednesday that co-CEO Bret Taylor would step down at the end of January after just one year of sharing CEO duties with co-founder Marc Benioff.
- One day later, Mark Nelson, head of the company’s Tableau unit, said he would also be exiting.
- Chief Strategy Officer Gavin Patterson announced earlier in November that he, too, would leave.
- Salesforce, a provider of customer management software, reported its smallest year-over-year quarterly revenue increase since becoming a public company in 2004, the report noted.
- It projected that the sales gain would be even less in the current quarter ending in January 2023.
- Salesforce said revenue increased 14% year-over-year to $7.84 billion, which beat market estimates of $7.82 billion. The company reported quarterly EPS of $1.40, which exceeded estimates of $1.21.
- Salesforce said it sees Q4 adjusted EPS to be $1.35 - $1.37 versus average estimates of $1.34. The company also expects full-year adjusted EPS of $4.92 - $4.94 versus estimates of $4.73.
- Price Action: CRM shares traded lower by 2.17% at $141.41 on the last check Monday.
Loading...
Loading...
CRMSalesforce Inc
$274.712.83%
Edge Rankings
Momentum
34.02
Growth
90.86
Quality
66.77
Value
8.75
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in