Salesforce Raises Its Full-Year Sales Outlook as Profit Rises
Shares fall in extended trading after company delivers profit guidance for the current quarter and year below analysts’ expectations
Salesforce.com Inc. said it expects revenue to nearly double in four years, benefiting from companies shifting more of their spending to technology innovation.
The San Francisco company on Monday said it expects about $16 billion in revenue this year and $26 billion to $28 billion by fiscal 2023.
Chief Financial Officer Mark Hawkins said...