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salesforce.com Inc.

11/30/2021 | News release | Distributed by Public on 11/30/2021 19:29

Salesforce’s Marc Benioff and Bret Taylor Discuss Q3 FY22 Results with Jim Cramer on CNBC’s Mad Money

Salesforce Chair and Co-CEO Marc Benioff and Vice Chair and Co-CEO Bret Taylor joined Jim Cramer on CNBC's "Mad Money" following Tuesday's release of Q3 Fiscal Year 2022 financial results. The three discussed the company's strong quarter and the promotion of Taylor.

"This is my dream that Bret would come to the company and we could lead it together in a trusted partnership," said Benioff. "And it's happening."

"It's an incredible privilege," said Taylor. "We've had a lifelong friendship and partnership."

Benioff and Taylor discussed Salesforce's strong third quarter results, how they are reconnecting with customers in person, and how Customer 360 and Slack power Cyber Week for companies like Ralph Lauren, Puma, Crocs and LVMH, and are powering transformation for companies in every industry.

"We have phenomenal acquisitions like Slack, Tableau and so many other great things driving our business faster than we could have expected," Benioff said.

Salesforce announced Q3 FY22 revenue of $6.86 billion, up 27% year-over-year (26% in constant currency), and reiterated FY23 revenue guidance of $31.7 Billion to $31.8 billion. The company trades on the New York Stock Exchange under the ticker symbol CRM.

For more on the earnings report, read the press release. Highlights from the Mad Money video interview are available here.