Salesforce I got INC. Annual sales expectations, indicating that its AI’s agent product is on a road to contribute to great revenues.
For the year ending in January 2026, the company said that the revenues will be 41 billion dollars to 41.3 billion dollars, compared to previous expectations of 40.5 billion dollars to 40.9 billion dollars.
Leading technology platforms like Salesforce, Microsoft Company and servicenow A company is competing to provide artificial intelligence agents – programs that can complete tasks such as customer service without the need for a person. Salesforce launched its “AgeFORCE” product in October and aims at wide dependence among its customers.
However, investors are waiting for a more important revenue contribution than the agent. The company said in a statement on Wednesday that it had closed more than 4000 paid deals for the product.
Earlier this week, the San Francisco company announced its headquarters Spending about $ 8 billion To buy Informatica, which focuses on organizing and managing data in the cloud. The application of artificial intelligence in large companies has been slowed down because the information is widespread and needs to be collected from many regions.
The company said that the repeated annual revenues of the sales department, which includes the organization of data and artificial intelligence, over a billion dollars. This increases from 900 million dollars in the previous quarter.
Anurag Rana, an analyst in Bloomberg, wrote, “The repeatedly more than one billion dollar sales clouds indicate the consistent demand for artificial intelligence and may explain the only slight expansion in the modified operating margin,” said Anurag Rana, an analyst in Bloomberg.
Informatica CEO of CEO Mark Benf has long been suitable for using acquisitions as a way to stimulate revenue growth. Benioff has stopped this effort over the past few years under the pressure of active investors to reduce expenses and improve profitability. If the purchase is completed, it will be the largest deal for Salesforce since it acquired Slack for about $ 27.7 billion in 2021.
The shares of the company did not change slightly in the trading extending after closing it at $ 276.03. The stock decreased by 18 % this year until Wednesday, making it among the worst technological stocks performed at the S&P 500.
The revenues of the first quarter of the first quarter increased by about 8 % to 9.8 billion dollars. The remaining performance obligations, a measure of reservations, amounted to $ 60.9 billion. The profit, with the exception of some elements, was $ 2.58 per share. All of these scales have exceeded Wall Street estimates.
Since the imposition of American customs tariffs and other changing companies of government policy, investors have discussed how fluctuations will affect the software industry, which does not face import taxes directly. Companies like Microsoft reported that customer behavior was not significantly affected, while another like Workday Inc. indicated. To “an unconfirmed environment”.
This story was originally shown on Fortune.com
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