Salesforce Com Inc Stock Price, News & Analysis

Splunk Inc. (NASDAQ: SPLK) has appointed Petra Jenner as Senior Vice President and General Manager for EMEA, a new role aimed at enhancing customer success in Europe, the Middle East, and Africa. Jenner, who joins from Salesforce, brings over 25 years of technology industry experience, including leadership roles at Microsoft and Checkpoint. Her responsibilities will include overseeing the go-to-market strategy and driving growth across the region. This strategic appointment is expected to position Splunk for success as organizations increasingly adopt data-driven approaches.

Swrve, a leader in mobile-first customer engagement, has expanded its integration with Journey Builder from Salesforce (NYSE:CRM). The new Salesforce Pro Mobile solution allows users to create and launch mobile campaigns without switching platforms. Key benefits include enhanced mobile data utilization, sophisticated mobile channels for customer journeys, and optimized campaign personalization. CEO Lisa Cleary highlighted that this integration enables businesses to drive engagement and revenue through tailored mobile experiences, reinforcing Swrve's position in the market.

Rimini Street, Inc. (NASDAQ: RMNI) has partnered with AllianceCorp Manufacturing Holdings (ACM) to enhance its SAP S/4HANA software support. This collaboration allows ACM to focus on innovation and pursue new opportunities in sectors like electric vehicles and robotics. By leveraging Rimini Street's expertise, ACM aims to achieve greater business agility while maximizing return on its ERP investment. Rimini Street is targeting $1B in annual revenue by 2026.

KLDiscovery Inc. (KLD), a global leader in electronic discovery and data recovery solutions, has launched an enhanced Client Portal featuring advanced data visualization and dynamic dashboard metrics. This upgrade allows users to access interactive charts and manage multiple projects effectively. CEO Chris Weiler announced that over 20 data points are now reportable, with further enhancements including financial data and accounts receivable tracking expected this fall. This development marks a significant step in real-time client reporting in the eDiscovery industry.

Salesforce (NYSE: CRM) has announced its annual stockholders meeting scheduled for June 9, 2022, at 8:00 a.m. PT. The meeting will be conducted virtually via audio webcast, accessible to stockholders who have received a 16-digit control number in their proxy materials. Non-stockholders can attend as guests. Stockholders are encouraged to review the proxy statement for detailed information regarding participation.

For additional insights on Salesforce's performance and offerings, visit www.salesforce.com/investor.

Salesforce (NYSE: CRM) will release its first quarter fiscal year 2023 results on May 31, 2022, after market close. A conference call will follow at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results. Investors and analysts can access a live webcast and replay on the Salesforce Investor Relations website. As the global leader in CRM, Salesforce supports companies of all sizes in their digital transformation efforts.

Rimini Street, Inc. (NASDAQ: RMNI) will present at the 17th Annual Needham Technology & Media Conference on May 19, 2022, at 2:15 p.m. Eastern Time. The presentation will feature Michael L. Perica, CFO, and Dean Pohl, VP of Investor Relations. Participants can access the live webcast at this link, and it will be archived for 90 days. Rimini Street representatives will also hold one-on-one meetings during the conference. For details, contact the Investor Relations team.

Rimini Street (Nasdaq: RMNI) announced its inaugural RMNI LOVE™ Grant Program recipients, awarding $10,000 each to five nonprofit organizations in Las Vegas. The selected organizations include Baby’s Bounty, Cure 4 The Kids Foundation, Nevada Partnership for Homeless Youth, Three Square Food Bank, and True Beginnings. The initiative aims to support local charities that create significant community impacts, reflecting Rimini's commitment to contributing positively to the communities it serves.

Rimini Street reported Q1 2022 revenue of $97.9 million, a rise of 11.4% year-over-year, with a gross margin of 62.0%. Operating income rose to $5.9 million, and net income reached $3.1 million, compared to a loss of $3.6 million last year. The Revenue Retention Rate improved to 94%, and active clients increased by 13.1% year-over-year to 2,884. The company raised its revenue guidance for the full year to $402-$411 million.