Welcome to our dedicated page for Salesforce Com news (Ticker: CRM), a resource for investors and traders seeking the latest updates and insights on Salesforce Com stock.
Salesforce, Inc. (CRM) delivers cloud-based customer relationship management solutions powering global enterprises. This page provides real-time access to official announcements, financial updates, and strategic developments shaping the CRM leader's trajectory.
Investors and professionals will find curated press releases, product launch details, and partnership announcements. Track updates across earnings reports, technology innovations, and corporate initiatives while monitoring Salesforce's evolving role in enterprise cloud ecosystems.
Content spans executive leadership updates, platform enhancements, and industry-specific deployments. All materials are sourced directly from company communications to ensure accuracy and timeliness.
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Salesforce (NYSE: CRM) reported a strong first quarter for fiscal 2023, achieving $7.41 billion in revenue, marking a 24% increase year-over-year. Operating cash flow rose by 14% to $3.68 billion. The company raised its full-year revenue guidance to between $31.7 billion and $31.8 billion, reflecting a 20% growth expectation. Remaining performance obligations hit $42 billion, indicating robust future revenue prospects. Salesforce also improved its operating margin guidance to ~3.8% GAAP and ~20.4% non-GAAP for FY23.
Salesforce (NYSE: CRM) announced granting equity awards under its 2014 Inducement Equity Incentive Plan to 14 new employees from Phennecs, a provider of data management solutions. A total of 22,106 restricted stock units (RSUs) and 22,463 stock options (NQs) were awarded, with vesting schedules set over four years. The RSUs vest 25% after one year and the balance quarterly, while the NQs vest 25% after one year and the remainder monthly thereafter. This move aims to enhance talent retention and promote growth within Salesforce.
Rimini Street, Inc. (NASDAQ: RMNI) announced a partnership with E-LAND Innople, a South Korean IT affiliate of E-LAND Group, to provide SAP support services. This collaboration significantly reduces E-LAND Innople's annual maintenance costs, enabling them to reinvest the savings into innovation and digital transformation initiatives. Rimini Street's support is noted for enhancing business agility, with dedicated engineers providing rapid response and high satisfaction levels. The partnership is a strategic move aimed at fostering growth in a competitive market.
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products, announces participation in a fireside chat with Cowen analyst Derrick Wood on June 2, 2022, at 10:50 a.m. Eastern Time in New York. CEO Seth A. Ravin and CFO Michael L. Perica will discuss the company’s strategies and offerings, particularly in the realm of third-party support for Oracle and SAP software. The chat will be accessible live via a link, and available for 90 days post-event. Rimini Street supports over 4,700 organizations globally, helping them reduce costs and enhance business outcomes.
Rimini Street, Inc. (Nasdaq: RMNI), a top provider of enterprise software support, will participate in the 19th Annual Craig-Hallum Institutional Investor Conference on June 1. CEO Seth A. Ravin, CFO Michael L. Perica, and VP of Investor Relations Dean Pohl are scheduled for one-on-one and small group meetings with investors. Rimini Street specializes in third-party support for Oracle and SAP products, helping enterprises reduce costs and enhance business outcomes. The company serves nearly 4,700 organizations worldwide.
Rimini Street, Inc. (Nasdaq: RMNI) has signed an agreement with Lwart Soluções Ambientais, a leading Latin American oil recycler, to provide support for its SAP ECC 6.0 environment. This partnership allows Lwart to optimize its ERP operations and focus on strategic business goals without mandatory upgrades. Rimini Street’s services include tax and regulatory compliance, enabling Lwart to enhance operational efficiency and invest in innovation. The company aims to reach $1B in annual revenue by 2026, showcasing a commitment to long-term growth.
Ooma, a communications platform, launched Ooma Office Pro Plus, a new plan for its business communication service. Priced at
PagerDuty, Inc. (NYSE:PD) announced its PagerDuty Summit 2022, a series of hybrid events in San Francisco, Sydney, and London from June 7 to June 21. The events will feature keynotes from industry leaders, including PagerDuty's CEO, and discussions on topics such as DevOps and AIOps. Attendees will gain insights into modern cloud operations and technical innovation. The summit aims to connect professionals and enhance skills through various workshops and presentations.
On May 17, 2022, Salesforce unveiled Tableau Cloud at the Tableau Conference, aimed at enhancing data-driven decision-making with improved analytics for enterprises. This next-generation offering features AI-powered Data Stories that automate insights and streamline user experience. With 70% of new customers choosing Tableau Cloud, the platform supports enhanced capabilities like Advanced Management for security and scalability. Collaborations, including one with Snowflake, provide promotional trials to facilitate customer integration.
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.
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