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Salesforce Q4 Earnings Preview: 5 Things To Know

Wade Tyler Millward

Whether CEO and co-founder Marc Benioff will stay with the company, whether subsidiaries such as Tableau and Slack are up for sale and whether Salesforce expects additional layoffs and executive changes are all on the table.

Salesforce heads into a quarterly earnings report with company stakeholders looking for answers around what activist investors want from the enterprise applications vendor.

Whether CEO and co-founder Marc Benioff will stay with the company, whether subsidiaries such as Tableau and Slack are up for sale and whether Salesforce expects additional layoffs and executive changes are all on the table for the San Francisco-based vendor.

Multiple investment and financial services firms have published reports predicting mixed and muted results leading up to Wednesday’s earnings call for the fourth quarter of Salesforce’s fiscal year – a quarter that ended Jan. 31.

[RELATED: Salesforce Has Another Activist Investor: Report]

Salesforce Q4 Earnings Preview

Along with layoffs and moderated demand following a boom in digital tool purchasing at the height of the pandemic, Salesforce executives have had to work with a series of activist investors that have taken share in the vendor.

The investors appear to have played a hand in changes with Salesforce’s board of directors – with Mason Morfit, CEO and chief investment officer of ValueAct Capital, announced as an incoming director in January. But Salesforce might make clear other changes on Wednesday’s earnings call.

Here’s what you need to know.

 

 
Wade Tyler Millward

Wade Tyler Millward is an associate editor covering cloud computing and the channel partner programs of Microsoft, IBM, Red Hat, Oracle, Salesforce, Citrix and other cloud vendors. He can be reached at wmillward@thechannelcompany.com.

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