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Stock impact report

Sales Software Stocks Q3 Recap: Benchmarking Salesforce (NYSE:CRM) [Yahoo! Finance]

Freshworks Inc. (FRSH) 
Last freshworks inc. earnings: 3/14 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Companies need to be able to interact with and sell to their customers as efficiently as possible. This reality coupled with the ongoing migration of enterprises to the cloud drives demand for cloud-based customer relationship management (CRM) software that integrates data analytics with sales and marketing functions. The 4 sales software stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 2.6% while next quarter's revenue guidance was in line. While some sales software stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.7% since the latest earnings results. With its cloud-based platform named after its stock ticker symbol CRM (Customer Relationship Management), Salesforce (NYSE:CRM) provides customer relationship management software that helps businesses connect with their customers across sales, service, marketing, and commerce. Salesforce reported revenues of $10.26 Show less Read more
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