The company reported a 26% increase in revenue for the fourth quarter and a 25% in profit for the fiscal year. Read More...
Reuters
Salesforce posts upbeat results on hybrid work boost
Companies like Salesforce reaped the benefits of the pandemic, with organizations doubling down on their effort for digitization and switch to remote working and learning. San Francisco, California-based Salesforce’s subscription and support revenue for the fourth quarter rose 24.7% to $6.83 billion. “Slack continues to exceed our expectations that I think is benefiting not only from the trend towards this new way of working … It’s also benefiting being a part of our Customer 360 portfolio,” Bret Taylor, Salesforce co-chief executive officer, said on a call.
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