: Salesforce stock soars as Benioff says goal is to be the ‘most profitable software company in the world’

by | Mar 1, 2023 | Stock Market

Salesforce Inc. produced better adjusted earnings than expected in the fourth quarter and executives projected big profit gains amid layoffs this year in a Wednesday report, sending shares toward their biggest gain since 2020. Salesforce CRM reported a fourth-quarter loss of $98 million, or 10 cents a share, on revenue of $8.38 billion, up from $7.33 billion a year ago. After adjusting for stock compensation and other costs, including 84 cents a share in restructuring costs from recent layoffs, the cloud-software company reported…

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