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Stock impact report

Salesforce CEO Marc Benioff: This isn't our first SaaSpocalypse [TechCrunch]

Wyndham Hotels & Resorts, Inc. (WH) 
Last wyndham hotels & resorts, inc. earnings: 2/13 06:30 am Check Earnings Report
Company Research Source: TechCrunch
Salesforce reported a solid quarter of $10.7 billion in revenue, up 13% year-over-year. For the year, it reported $41.5 billion in revenue, up 10% over the previous year, with both results boosted by its $8 billion acquisition of data management company Informatica last May. Net income landed at $7.46 billion, and the company offered strong guidance for the year ahead, projecting revenue of $45.8 billion to $46.2 billion — a 10% to 11% increase. It also said its “remaining performance obligation,” or RPO, is over $72 billion. That's a figure that shows revenue under contact that has not yet been delivered or recognized as earned revenue. The numbers, though, could only do so much. Software-as-a-service stocks, with Salesforce as their poster child, have been getting hammered lately. Investors fear the rise of AI agents will undermine these companies, making their per-employee-seat business models obsolete . The situation has been dubbed the “Saaspocalypse.” The concept hung so Show less Read more
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