Joseph K
Salesforce earnings: CEO Benioff on AI initiatives and federal spending
Salesforce (CRM) shares got a boost following the company's Q3 earnings report. The company's third-quarter revenue came in at $9.44 billion, exceeding the expectations of $9.35 billion. Saleforce's adjusted EPS (earnings per share) for the quarter were $2.41, just below the expectations of $2.44.
The software company's CEO Marc Benioff joined Yahoo Finance Executive Editor Brian Sozzi to discuss earnings, the future of the business, and other key topics, including AI. In October Salesforce introduced its new AI tool called Agentforce, which has already delivered 200 deals according to the company.
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