Backlog and Revenue Growth Power Salesforce Results

Backlog and Revenue Growth Power Salesforce Results https://images.wsj.net/im-39178/social

Backlog and Revenue Growth Power Salesforce Results






Salesforce.com Inc. gave a rosy outlook for sales in the current quarter and forecast growth ahead in the coming fiscal year, helping assuage investor concerns about a potential slowdown in technology spending and global economic growth.

The business-software maker guided fourth-quarter revenue growth of 25% from the year prior, which came in ahead of analysts’ estimates, and for revenue for the coming fiscal year to reach about $16 billion. Co-Chief Executive Marc Benioff said in prepared remarks that Salesforce, founded...

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