Joseph K
SALESFORCE DELIVERS, WALL STREET DOUBTS AS STOCK FALLS 6.3% POST-EARNINGS – TECHCRUNCH
Wall Road traders might be fickle beasts. Take Salesforce for instance. The CRM large introduced a $5.82 billion quarter when it reported earnings yesterday. Income was up 20% 12 months over 12 months. The corporate additionally reported $21.25 billion in complete income for the just-closed FY2021, up 24% YoY. If that wasn’t sufficient, it raised its FY2022 steering (its upcoming fiscal 12 months) to over $25 billion. What’s to not like?
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