Salesforce suffers ‘softness’ in US business

Salesforce.com Inc. is preparing for growth through acquisitions, as it branches into new areas such as e-commerce and artificial intelligence. But first it must digest some recent deals. Wednesday, the business-software maker posted a 25% increase in second-quarter revenue and swung to a profit, boosted by a gain related to income taxes. But Salesforce offered a disappointing forecast for the current quarter, sending its shares down 6.5% after hours. “We did see some softness at the end of the quarter, primarily in the U.S.,” said Keith Block, the company’s chief operating officer, in an interview. Still, Mr. Block said Salesforce raised its revenue forecast for the year ending January 2017 to $8.28 billion to $8.33 billion, from $8.16 billion to $8.20. Mr. Block said the company’s pipelines and customer win…


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