We’re Not Counting On salesforce.com (NYSE:CRM) To Sustain Its Statutory Profitability

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability suggests a business is sustainable. However, sometimes companies receive a one-off boost (or reduction) to their profit, and it’s not always clear whether statutory profits are a good guide, going forward. Today we’ll focus on whether this year’s statutory profits are a good guide to understanding salesforce.com (NYSE:CRM).

https://simplywall.st/stocks/us/software/nyse-crm/salesforcecom/news/were-not-counting-on-salesforce-com-nysecrm-to-sustain-its-statutory-profitability/