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Marc Benioff has set the bar high. 60 billion USD in revenue by 2030. This ambitious target requires more than 10% annual growth. Many investors are already dismissing it. However, the latest quarterly figures show exactly the momentum that Salesforce (i)(CRM) needs right now. Yes, revenue came in slightly below expectations at 10.26 billion USD compared to the anticipated 10.27 billion USD, but earnings clearly exceeded forecasts. The margin remains impressively strong, and free cash flow surged by 22%. A company generating this much cash has the...
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