Media Companies Will Access an Intelligent Sales Management Solution to Run Unified Cross-Screen Advertising Campaigns NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Operative, a leading provider of advertising management solutions, today announced a new collaboration with Salesforce, the #1 AI CRM, to deliver a deeply integrated offering for Salesforce Media Cloud customers and their advertising sales businesses. This partnership brings together the strengths of Operative's order management system AOS, Sales ...

Entreprises can now benefit from seamless access to diverse data across every Salesforce application and workflowSAN FRANCISCO and MONTREAL, Sept. 11, 2024 /PRNewswire/ - Coveo (TSX: CVO), the leading enterprise AI platform that brings AI search and generative AI to every point–of-experience, today announced a new integration with Salesforce Data Cloud to provide enterprises with enhanced access to all relevant data across the Salesforce ecosystem. This new integration enhances experiences for Salesforce's ...

Salesforce, Inc. (CRM) recently made headlines by announcing its acquisition of Own Company for $1.9 billion. This strategic move further underscores Salesforce’s commitment to expanding its capabilities in data protection and management, critical components as businesses increasingly rely on artificial intelligence (AI) and digital transformation.This acquisition is part of Salesforce's broader inorganic growth strategy, which has seen the company expand its portfolio through multiple high-profile deals. H ...

REDWOOD CITY, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Alation Inc., the data intelligence company, today announced a partnership with Salesforce (NYSE: CRM) to deliver trusted, governed data across the enterprise. Alation provides a bidirectional integration that seamlessly delivers data governance and end-to-end lineage within Salesforce Data Cloud, enabling organizations to harness the power of metadata for faster, more confident decision-making while maximizing the impact of their AI initiatives. Sale ...

Investment Rating - The investment rating for Salesforce (CRM) is "Buy" (maintained) [1] Core Views - The company reported stable revenue growth in Q2, with a revenue of $9.33 billion, representing a year-over-year increase of 8.4%, exceeding consensus expectations by 1.0% [2] - Subscription revenue reached $8.76 billion, up 9.5% year-over-year, also surpassing consensus expectations by 0.8% [2] - Non-GAAP operating margin was 33.7%, a year-over-year increase of 2.1 percentage points, marking a historical high [2] - Operating cash flow for Q2 was $889 million, a 10% increase year-over-year, while free cash flow was $760 million, up 20% year-over-year [2] - The company's remaining performance obligations (RPO) grew to $53.5 billion, a 14.8% year-over-year increase, exceeding expectations by 1.5% [2] - The current remaining performance obligations (cRPO) reached $26.5 billion, a 10% year-over-year increase, also surpassing expectations by 0.7% [2] - The company maintains its full-year guidance while raising Q3 revenue expectations to $9.31-9.36 billion, a 7% year-over-year growth [2] - The company expects full-year revenue for FY25 to be $37.7-38 billion, representing an 8%-9% year-over-year growth [2] - The introduction of the new product, Agent Force, is expected to enhance sales and service capabilities, increasing user engagement and driving revenue growth [2] Financial Summary - For FY2025, the company forecasts revenue of $37.524 billion, with a year-over-year growth of 7.7% [3] - Non-GAAP net profit is projected to be $10.421 billion for FY2025, reflecting a year-over-year increase of 28.9% [3] - The gross margin is expected to be 76.8% in FY2025, with a return on equity (ROE) of 17% [3] - The price-to-earnings (P/E) ratio is projected to be 22.6 for FY2025, decreasing to 18.2 by FY2027 [3] - The company anticipates a cash flow growth rate of 23%-25% for FY25 [2]

JHVEPhoto Salesforce Inc. (NYSE:CRM) went through a period of panic selling in May, but the stock has fundamentally recovered and even managed to fully close its gap in the stock chart, a bullish indicator. In the last quarter, Salesforce also produced solid growth in terms of sales and profits, aiding its stock price recovery. I think that Salesforce is a widely undervalued software-as-a-service investment for investors and the company’s share repurchases are providing support. Salesforce is selling for ...

Salesforce today announced that its board of directors declared a quarterly cash dividend of $0.40 per share. The dividend is payable October 8, 2024, to stockholders of record on September 18, 2024.10 Oversold Dividend Stocks »On September 4, 2024, Brady's Board of Directors approved an increase in the annual dividend to shareholders of the Company's Class A Common Stock from $0.94 per share to $0.96 per share. A quarterly dividend to shareholders of the Company's Class A Common Stock of $0.24 per share wi ...

Key TakeawaysSalesforce is expanding its reach into data security by purchasing startup Own for $1.9 billion in cash.The cloud software company said that with the advent of artificial intelligence, customers are increasingly aware of data security needs.The deal is expected to close during Salesforce's fiscal fourth quarter of 2025. Salesforce (CRM) is expanding its reach into data security by purchasing startup Own for $1.9 billion in cash. Salesforce President Steve Fisher said the acquisition would add t ...

Close-up of Salesforce Tower sign with logo visible against a backdrop of skyscrapers, San ... [+] Francisco, California, August 20, 2024. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesSalesforce stock (NYSE: CRM) has lost 6% YTD, as compared to the 16% rise in the S&P 500 over the same period. Overall, at its current price of $248 per share, it is trading roughly 20% below its fair value of $307 – Trefis’ estimate for Salesforce’s valuation. CRM stock has been on an upward trajectory in ...

Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023.Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. Salesforce intends to close the deal in the quarter ending in January 2025 if regulators give it their blessing, according to a statement.The startup, formerly known as OwnBackup, was valued at $3.35 billion in a 2021 f ...