|Day's Range||44.28 - 44.65|
|52 Week Range||37.62 - 46.99|
|PE Ratio (TTM)||21.11|
|Dividend & Yield||0.64 (1.44%)|
|1y Target Est||N/A|
Repatriating huge stockpiles of offshore cash looks less likely, given tumult in Washington. But investors in Big Tech shouldn’t need to bank on it.
Salesforce.com Inc allayed concerns about a slowing pace of growth after it reported quarterly deferred revenue that came above its estimate on Thursday. The company's deferred revenue rose 26 percent to $5.04 billion in the first quarter ended April 30. In February, Salesforce had warned of a steeper drop in first-quarter deferred revenue, blaming seasonality as customers typically make purchasing decisions towards the end of the year.
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