Salesforce Delivers Uninspiring Quarter But Signals AI Driven Upside Ahead, Says Analyst
1. Salesforce reported better-than-expected Q2 results but issued weak guidance. 2. Revenue reached $10.2 billion, surpassing estimates; EPS was $2.91. 3. Current remaining performance obligations (cRPO) grew 11%. 4. Annual recurring revenue from Data Cloud hit $1.2 billion. 5. Analysts maintain Buy ratings, citing growth in Data Cloud and Agentforce.