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Salesforce.com

  • Oppenheimer & Co. Inc.
  • March 12, 2019
The company delivers another solid quarter of business results, and our share gainer and durable growth thesis remains intact.

Salesforce.com reported solid January quarter results with both revenues and earning per share beating Street estimates. While the January quarter results and April quarter guidance may not have lived up to high investor expectations, Oppenheimer analysts believe Salesforce.com is executing very well and see the April quarter business metrics combined with a higher FY2020 revenue outlook lending good support to our thesis that Salesforce.com's business can continue producing steady share gains, durable growth, and increasing cash flow, even in a slowing economy.

Salesforce

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