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SAP competitor Salesforce is slowed down

Posted by Otto Knotzer on May 30, 2020 - 12:32pm

SAP competitor Salesforce is slowed down

SAP competitor Salesforce is slowed down

Salesforce: Price trend on the Frankfurt stock exchange for the intraday period

course

155.98

Difference relative

-5.11%

The business software specialist Salesforce lowers its annual forecast due to the pandemic. In fiscal year 2020/21, he now expects a loss per share of between six and four cents. In February, Salesforce had announced earnings per share. The company that dominates the customer management software (CRM) market has also become less confident in terms of sales and has reduced expectations by around one billion to around 20 billion dollars. Salesforce stock fell five percent.