Salesforce’s (NASDAQ:CRM) Q3 Theme: Soft Software Spending vs. Solid Solutions Suite
November 29 2022 - 04:05AM
TipRanks
Software company Salesforce (NASDAQ:CRM) is slated to release its
third-quarter fiscal 2023 results on November 30. The company has
benefited immensely from the rapid digital transformation and
hunger for cloud-based solutions. However, software spending has
been weak for the past few weeks, which could be a major dampener.
Let us pin the positives and negatives that could have impacted
Salesforce’s fiscal third-quarter results. The company expects
revenues between $7.82 billion and $7.83 billion and non-GAAP
earnings between $1.20 and $1.21 per share. Catalysts for the Q3
Results Recently, Morgan Stanley analyst Keith Weiss opined that
among its cloud peers, Salesforce looks best positioned this
earnings season.
https://www.tipranks.com/news/article/salesforces-nasdaqcrm-q3-theme-soft-software-spending-vs-solid-solutions-suite?utm_source=advfn.com&utm_medium=referral
Salesforce (NYSE:CRM)
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Salesforce (NYSE:CRM)
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From Jan 2022 to Jan 2023