Don’t Write Off the Acquisition-Heavy Strategy at Salesforce
- Joseph K
- Dec 8, 2019
- 1 min read
Shares of cloud software services suite salesforce.com (NYSE:CRM) were off mid-single-digits shortly after management reported its fiscal 2020 third quarter. The problem wasn't the report card itself; on the contrary, results were better than forecast, in keeping with the company's habit of underpromising and overdelivering. The worry, it would seem, is over guidance for the next year.
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