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Home » Salesforce Soars in Q1 Earnings Report
Cloud Wars Minute

Salesforce Soars in Q1 Earnings Report

Bob EvansBy Bob EvansJune 2, 2022Updated:June 8, 20221 Min Read
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Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.

Highlights

01:07 — Salesforce beat expectations in its first fiscal quarter of 2023. The company joins Workday and Snowflake in rejecting the notion of a recession.

02:00 — Top-line numbers for Salesforce Q1 are up 24% to $7.41 billion. The company’s RPO reached $42 billion.

02:29 — Salesforce shares dipped 3% the morning of its earnings release in anticipation of meager numbers. Hours later, shares were up 5%, reflecting the strength of Salesforce’s Q1 and the impact of overreactive speculation.

03:06 — With the tools available to today’s businesses, there’s no such thing as an inevitable downturn; decline is a choice, and these companies are voting “no.”


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Bob Evans

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Cloud Wars

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Cloud Wars Founder Bob Evans actively analyzes the Cloud and AI categories through video reports, in-depth analyses, and interviews with the Cloud and AI market’s leaders and innovators. He’s also the creator of the Cloud Wars Top 10, a ranking and ongoing analysis of the world's most influential tech companies driving digital business and the digital economy. Bob is recognized as a world-class strategic communicator focused on emerging business strategy, disruptive innovation, and forward-looking leadership.

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