Salesforce.com Inc

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Description

In this remarkable quarter, Salesforce announces a double-digit revenue growth, in line with market expectations with a non-GAAP margin exceeding 30%. Revenue for the quarter at $8.7 billion, marking an 11% YoY increase, solidifies Salesforce as the third-largest enterprise software company by revenue. The emphasis on multi-cloud deals, reflected in 9 of the top 10 deals incorporating 6 or more clouds, substantiates the significance of the company’s diverse offerings. The company’s successes include an 80% growth in deals exceeding $1 million, the introduction of the Data Cloud with 1,000 new customers, and the groundbreaking Einstein GPT Copilots, capturing 17% of the Fortune 100. These developments, alongside financial metrics such as $1.5 billion in cash flow, underscore the company’s robust position. The Data Cloud, processing 6.4 trillion highs and triggering 1.4 trillion activations, emerges as a pivotal element, facilitating large deals. The company’s unique approach to AI includes a trust layer to safeguard customer data from next-gen large language models. It is worth highlighting that the company entered into a binding agreement to acquire Airkit.ai. This acquisition is anticipated to facilitate the acceleration of Service, Sales, Marketing, and Commerce teams toward the future of customer engagement in the AI era.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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