Salesforce remains in a great long-term position and the recent acquisition of Mulesoft adds another layer of value.
Q4 revenue grew 26% as the company is approaching a $15 billion run rate.
Q1 guidance was a bit shy of expectations, however FY20 guidance was actually raised slightly from last quarter and still implies 20%-21% growth.
Valuation has pulled back a bit post earnings, but provides a great buying opportunity for long-term holders.
Salesforce.com (CRM) reported another strong quarter, although first quarter guidance appeared to be slightly short of consensus expectations. For a company that typically posts a beat-and-raise quarter, investors punished the stock as it