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  • Friday, November 22, 2024

Salesforce Sees Growth Amid Digital Transformation Efforts in Government, Industry; Marc Benioff Quoted


Jeff Brody

Salesforce (NYSE: CRM) CEO Marc Benioff has said the growing interest in technology that can support digital transformation initiatives across the government and industry is a key growth driver for the customer relationship management software provider, CNBC reported Tuesday.

The San Francisco-based company first quarter earnings came in at 93 cents per share, beating earlier estimates by 32 percent, and reported a 24 percent year-over-year increase in revenue, to $3.74B.

Benioff told CNBC in an interview Salesforce worked with the departments of Interior, Agriculture and Education during Q1.

Shares in the customer relationship management technology vendor climbed 4 percent Tuesday.

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