Wall Street wasn't expecting much from Salesforce earnings, but its results and its $15.7 billion Tableau acquisition proved them wrong

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Besides Tableau, Salesforce has also acquired other companies like MuleSoft and ClickSoftware, which analysts say will diversify its offerings.

stock hadn't performed quite as well," Daniel Elman, an analyst at Nucleus Research, told Business Insider."People weren't expecting high performance."

"The revenue numbers [of Tableau] are going to be a really big boost," Elman said."It's huge for showing growth as organic growth slows down."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

fail

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market climbs after big retailers post solid earningsStrong earnings reports from Target and Lowe's helped drive stocks on Wall Street broadly higher Wednesday as the market bounced back from its first loss in four days. What’s a good gif for NO ONE WHO FOLLOWS YOU ON TWITTER IS ASKING YOU TO REPORT ON THIS. All the liberals want a recession so badly lol...Trump 2020
Source: latimes - 🏆 11. / 82 Read more »