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.
News about Salesforce, Inc. (NYSE: CRM) focuses on its activities as an AI-powered enterprise cloud and CRM provider, along with its role in helping organizations become what it calls Agentic Enterprises. Company announcements highlight new AI agents, platform enhancements, customer deployments, acquisitions, and capital allocation decisions that shape how Salesforce technology is used across industries.
Recent releases describe the general availability of a reimagined Slackbot as a personal agent for work inside Slack, designed to use conversational and customer context to help people find information, organize work, create content, and orchestrate workflows. Other news covers deployments of Agentforce 360 and Data 360 at institutions such as DeVry University, where AI agents support adult learners with 24/7 assistance, streamlined enrollment, and personalized guidance.
Salesforce news also details how public sector and life sciences organizations use its platforms. The U.S. Department of Transportation is reported to be expanding its use of Salesforce and Agentforce to modernize complaint management, safety inspections, interstate data sharing, and federal grantmaking. In life sciences, companies such as Novartis and AstraZeneca are described as selecting Agentforce Life Sciences to unify healthcare professional engagement and customer interactions using AI and data harmonization.
In addition, Salesforce publishes Cyber Week commerce data based on aggregated activity across digital storefronts powered by Agentforce Commerce, emphasizing the role of AI and agents in influencing sales and handling customer service interactions. Investors and observers can also find updates on dividends, acquisitions such as the completion of the Informatica transaction, and other corporate developments. This news feed provides an ongoing view into how Salesforce’s AI, data, and cloud capabilities are being adopted and expanded across sectors.
Salesforce (NYSE: CRM) has granted equity awards to new employees following its acquisition of Acumen Solutions, under its 2014 Inducement Equity Incentive Plan. A total of 177,934 restricted stock units (RSUs) and 16,602 stock options were distributed to 471 non-executive Acumen employees. These RSUs will vest over four years, while additional 340,830 RSUs have been allocated to 201 employees with a two-year vesting schedule. This strategic move aims to enhance Salesforce Professional Services' capabilities, helping clients leverage the Customer 360 Platform more effectively.
Salesforce (NYSE: CRM) announced participation in several upcoming investor events. Amy Weaver, President & CFO, will speak at the Raymond James Institutional Investors Conference on March 1, 2021, at 8:40 a.m. PT. Bret Taylor, President & COO, is set to present at the Morgan Stanley TMT Conference on March 3, 2021, at 2:00 p.m. PT. On March 9, 2021, David Schmaier, President & CPO, will join the Barclays Virtual Software Bus Tour at 1:45 p.m. PT. Lastly, Brent Hayward, CEO of MuleSoft, will participate in the Truist Securities Technology Conference on March 10, 2021, at 8:20 a.m. PT.
Salesforce reported robust fiscal fourth quarter and full year results for 2021, ending January 31, with a 20% year-over-year revenue increase, totaling $5.82 billion for the quarter. Full year revenue reached $21.25 billion, up 24%. Subscription revenues rose by 25% to $19.98 billion. The company recorded a GAAP diluted EPS of $0.28 for Q4 and $4.38 for the year. Cash from operations increased by 33% to $2.17 billion in Q4. Salesforce provided optimistic guidance for Q1 FY22, forecasting revenue between $5.875 billion and $5.885 billion, and a full-year revenue estimate of $25.65 billion to $25.75 billion.
Salesforce (NYSE: CRM) has partnered with Coca-Cola bottlers in North America to enhance their contact center and field service operations using the Salesforce Consumer Goods Cloud. This collaboration aims to provide a comprehensive 360-degree view of customer interactions and streamline operations across territories. The transition will support over 1,100 contact center associates, enabling a unified approach to customer service and performance metrics. This marks the beginning of a multi-year agreement to transform customer engagement and operational efficiency for bottlers.
Salesforce.com (NYSE: CRM) reported the successful completion of a consent solicitation for proposed amendments to the indenture governing Slack Technologies, Inc.'s $862.5 million in 0.50% Convertible Senior Notes due 2025. The necessary consents were received by the expiration date of February 10, 2021, enabling the execution of a supplemental indenture. The amendments will take effect once the first merger, part of a broader acquisition deal, closes and the consent fee is paid. A cash payment of $9.00 per $1,000 principal amount of Slack Notes is scheduled for disbursement upon the merger’s completion.
Salesforce (NYSE: CRM) has been chosen by Ferguson, the largest U.S. plumbing and HVAC distributor, to support its digital transformation using the Salesforce Customer 360 Platform. This initiative aims to provide a comprehensive view of customer interactions across channels, enhancing service personalization. Ferguson plans to utilize various Salesforce solutions, including Sales Cloud and Tableau CRM, to improve buying experiences and generate intelligent insights for better project management. With over $18.9 billion in sales, Ferguson continues to prioritize customer relationships in its digital strategy.
Salesforce (NYSE: CRM) has been selected by Ferguson, the largest U.S. distributor of plumbing supplies, to drive its digital transformation. Ferguson plans to utilize the Salesforce Customer 360 Platform to enhance customer engagement and streamline operations across its channels, facilitating personalized experiences for both commercial and residential customers. This collaboration aims to provide a unified view of customer interactions, improve the purchasing process, and deliver intelligent insights through Salesforce’s various cloud solutions.
Salesforce.com (NYSE: CRM) announced the extension of the expiration of its consent solicitation for Slack Technologies' $862.5 million 0.50% Convertible Senior Notes due 2025. The new expiration date is set for February 10, 2021, at 5:00 p.m. NYC time. The company will pay a consent fee of $9.00 for each $1,000 principal in Slack Notes for valid consents delivered before the new expiration date. This extension does not affect the ongoing merger agreement between Salesforce and Slack, which remains on schedule.
Salesforce (NYSE: CRM) will release its fourth quarter and full fiscal year 2021 results on February 25, 2021, after market close. A conference call is scheduled for 2:00 p.m. PT / 5:00 p.m. ET, providing an opportunity for in-depth financial discussion with investors. The event will be accessible via live webcast and replay on the Salesforce Investor Relations website.
Salesforce (NYSE:CRM) announced an extension of the expiration date for its consent solicitation regarding Slack Technologies' $862.5 million Convertible Senior Notes due 2025. The new expiration date is now 5:00 p.m. New York City time on February 5, 2021. Holders of the notes who have previously consented do not need to take further action. The consent solicitation is part of the ongoing merger process between Salesforce and Slack, as per the merger agreement executed on December 1, 2020. Further details are available in the consent solicitation statement.