Salesforce Posts Quarterly Loss After Closing Its Biggest Acquisition - News Summed Up

Salesforce Posts Quarterly Loss After Closing Its Biggest Acquisition


Salesforce.com Inc. posted a fiscal third-quarter net loss after closing its biggest-ever acquisition even as its customer billings remained on a growth track. The provider of subscription-based business software said Tuesday that it had a net loss of $109 million, compared with a $105 million net profit a year earlier. In August, Salesforce...


Source: Wall Street Journal December 03, 2019 21:45 UTC



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