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Salesforce Key Highlights<br>u2022tSalesforce guided dim (FY21 Sales of USD20bn, 6% down from earlier company projections) for the rest of the year after Q1u201921 results; maintains sales growth momentum.<br>u2022tWide product offering and increasing adoption of platform services to drive future business growth as digital transformation becomes imperative.<br>
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Salesforce’s Recent Acquisitions And Steady Streams Of Cash Flow Commands Further Premium Salesforce Key Highlights Salesforce guided dim (FY21 Sales of USD20bn, 6% down from earlier company projections) for the rest of the year after Q1’21 results; maintains sales growth momentum. Wide product offering and increasing adoption of platform services to drive future business growth as digital transformation becomes imperative. The acquisitive growth strategy will be the way forward, although only after streamlining the recent acquisitions on its plate. Revenue visibility is moderate for FY21; profitability will remain a key challenge over the medium term. However, liquidity is ample to sustain the business even if the pandemic lingers. Salesforce valuation at 39x price/FCF FY21 commands a premium over its peers. Operating profitability continues to disappoint even as topline grows Please click here for the full original article on Seeking Alpha dated July 2, 2020: https://seekingalpha.com/article/4356737-recent-acquisitions-and-steady- streams-of-cash-flow-commands-premium