Besides Tableau, Salesforce has also acquired other companies like MuleSoft and ClickSoftware, which analysts say will diversify its offerings.
stock hadn't performed quite as well," Daniel Elman, an analyst at Nucleus Research, told Business Insider."People weren't expecting high performance."
"The revenue numbers [of Tableau] are going to be a really big boost," Elman said."It's huge for showing growth as organic growth slows down."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salesforce revenue forecast beats estimates, shares rise 7%Salesforce.com Inc forecast third-quarter revenue above Wall Street estimates on...
Read more »
Salesforce sees higher quarterly, FY revenue; shares rise 7%Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Stree...
Read more »
Wall St. falls after disappointing data, Fed policymakers dampen rate cut hopesU.S. stocks turned lower on Thursday as the first contraction in the manufacturi...
Read more »
Stock market climbs after big retailers post solid earningsStrong earnings reports from Target and Lowe's helped drive stocks on Wall Street broadly higher Wednesday as the market bounced back from its first loss in four days.
Read more »
Salesforce stock surges as results, outlook top Street estimatesSalesforce.com Inc. shares rally in the extended session Thursday after the customer-relationship management software company’s quarterly results and outlook...
Read more »
Here are the biggest analyst calls of the day: Slack, Etsy, Target, Toll Brothers & moreHere are the biggest calls on Wall Street on Thursday
Read more »