Updated: Friday| Published: 4 Dec
Salesforce reported nearly $10.9 billion in revenue and a 37% jump in net income for its third quarter, while CEO Marc Benioff unveiled product rebranding under the "Agentforce" name following a recent focus group.Benioff noted slow client adoption of AI agents despite the company's recent $8 billion Informatica acquisition and Agentforce AI software, which drove 330% annualized revenue growth from the product.The company projected quarterly adjusted earnings per share between $3.02 and $3.04 and targeted $60 billion in annual revenue by fiscal 2030, expecting a 10% yearly growth rate.
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Salesforce reported nearly $10.9 billion in revenue and a 37% jump in net income for its third quarter, while CEO Marc Benioff unveiled product rebranding under the "Agentforce" name following a recent focus group....

4 Dec/Fri
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