Salesforce continues to grow, albeit a little slower than in prior quarters. At least that’s my reading of a $4.0 billion quarter that’s 22 percent better than the same quarter a year ago. I am used to seeing growth percentages in the high 20s but I am not concerned about a slowdown. I don’t know if the spending spree on Tableau and ClickSoftware had anything to do with the numbers. My guess is the financing comes out of a different pocket since the Tableau acquisition alone was equivalent to roughly a year’s worth of revenue.
Loading ...
Salesforce Q2 Earnings: No Worries
Posted by: Denis Pombriant August 24, 2019 05:04 AMSalesforce continues to grow, albeit a little slower than in prior quarters. At least that’s my reading of a $4.0 billion quarter that’s 22 percent better than the same quarter a year ago. I am used to seeing growth percentages in the high 20s but I am not concerned about a slowdown. I don’t know if the spending spree on Tableau and ClickSoftware had anything to do with the numbers. My guess is the financing comes out of a different pocket since the Tableau acquisition alone was equivalent to roughly a year’s worth of revenue.