Salesforce has reported its third quarter financial performance for the fiscal year 2025, ending in October 2024. Total revenue increased by 8% from the same period in the previous year to $9.444 billion, with a GAAP net profit of $1.527 billion.
Marc Benioff, CEO and Chairman of Salesforce, highlighted the outstanding performance in the past quarter, emphasizing revenue, profit margins, and cash flow. The AI-powered Agentforce system has transformed the Salesforce platform to adapt to new ways of working that will play a significant role in the future across industries.
During the earnings call with analysts, Benioff mentioned a minor issue where he injured his shoulder while surfing in Fiji in September. He expressed disappointment because the hospital treating him couldn’t schedule his appointment using AI tools. He wanted to communicate to customers that some tasks can be automated using AI, employees should have time to rest, and focus on truly valuable and meaningful work.
Source: Salesforce and CNBC
TLDR: Salesforce reported a revenue increase of 8% and net profit of $1.527 billion in the third quarter of fiscal year 2025. CEO Marc Benioff highlighted the importance of AI in transforming business operations and the need for employees to prioritize meaningful work and well-being amidst minor setbacks like scheduling medical appointments.
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