Salesforce Surpasses Q2 Expectations, Eyes AI-Driven Growth
Analysts highlight the potential of the new Agentforce AI platform and improved operating margins as key drivers.
- Salesforce reported $9.33 billion in revenue for Q2, beating analysts' expectations.
- The company's new Agentforce AI platform is set to launch in October, promising increased efficiency and profitability.
- Operating margins hit a record 33.7%, leading to an upward revision of the full-year profit outlook.
- CFO Amy Weaver announced her departure, with Salesforce searching for a successor.
- Investors are optimistic about Salesforce's AI initiatives despite concerns over reduced cloud spending.