{"id":849610,"date":"2024-08-29T11:16:19","date_gmt":"2024-08-29T05:46:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849610"},"modified":"2024-08-29T11:17:45","modified_gmt":"2024-08-29T05:47:45","slug":"salesforce-beats-second-quarter-estimates-on-steady-cloud-demand","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/29\/salesforce-beats-second-quarter-estimates-on-steady-cloud-demand\/","title":{"rendered":"Salesforce beats second-quarter estimates on steady cloud demand"},"content":{"rendered":"<p>(Reuters) &#8211; Salesforce beat Wall Street expectations for second-quarter revenue and profit on Wednesday, as the business software giant benefited from higher spending on its enterprise cloud products.<\/p>\n<p>Shares of the company rose more than 4% in extended trading.<\/p>\n<p>Salesforce also said finance chief Amy Weaver will step down from the role but will remain in the position till a successor is appointed.<\/p>\n<p>The company&#8217;s results reflect that client spending on its suite of cloud products is picking up as the software-as-a-service pioneer battles stiff competition from rising industry players like ServiceNow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Salesforce beat Wall Street expectations for second-quarter revenue and profit on Wednesday, as the business software giant benefited from higher spending on its enterprise cloud products. Shares of the company rose more than 4% in extended trading. Salesforce also said finance chief Amy Weaver will step down from the role but will remain in the position till a successor is appointed. The company&#8217;s results reflect that client spending on its suite of cloud products is picking up as the software-as-a-service pioneer battles stiff competition from rising industry players like ServiceNow.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-849610","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849610"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849610\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}