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What To Watch For In Salesforce's Q1 Earnings

Forbes
What To Watch For In Salesforce's Q1 Earnings

Recently, Salesforce (NYSE: CRM) disclosed buying 4.9 million shares of Dropbox, which since its IPO price of $21, has risen by over 40%. Investors reacted positively, with the company’s stock price going up marginally. Moreover, as the company is expected to earnings on Thursday, May 17, it could further boost the stock price. The company expects to generate revenues of $2.93 billion in Q1, representing over 23% year-over-year growth. We have created an interactive dashboard which shows our forecasts for the company’s revenues. You can modify the different revenue drivers to see how changes impact the company’s expected revenues. With customer preferences shifting towards cloud-based products,