Salesforce Announces Strong First Quarter Fiscal 2024 Results
Salesforce News, Wednesday, May 31,2023
Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its first quarter fiscal 2024 ended April 30, 2023.
'Salesforce significantly exceeded our non-GAAP margin target for the quarter - up 1,000 basis points year-over-year, and we are raising our FY24 non-GAAP operating margin guidance to a 550 basis point increase year-over-year,' said Marc Benioff, Chair and CEO of Salesforce. 'At the same time, we are leading the next major revolution in CRM - infusing trusted, secure generative AI across our entire product portfolio. Salesforce's generative AI ecosystem wields Einstein GPT, Slack GPT, and Tableau GPT, delivering trusted power across our product portfolio. Our Salesforce GPT Trust Layer will shield customer data, enabling productive automation and intelligent enterprise enhancements securely.'