![]() “While delivering incredible growth at scale, we’re committed to consistent margin expansion and cash flow growth as part of our long-term plan to drive both top and bottom-line performance,” Salesforce CEO Marc Benioff said.ĬRM Price Action: Salesforce shares were up 3.53% to $173.81 on Tuesday, versus a 52-week range of $154.55 to $311.75, according to Benzinga Pro. The company mentioned future growth that could apply to the Slack pricing increases. My experience with Salesforce products hasnt been great - theyre often slow in development, complex, and not user-friendly. Salesforce beat revenue and earnings per share estimates from the street in the first quarter. Hey Redditors, As a Slack enthusiast, Im growing increasingly concerned about its future since the Salesforce acquisition in 2021. Customers who have free plans can pay to unlock the messages and file history that is hidden after 90 days. Quick take: Salesforce today announced it has completed its acquisition of Slack Technologies, Inc. ![]() The call for people to lock in rates with annual subscriptions could boost revenue for the upcoming quarters.Ĭustomers on free trial plans will also be encouraged to upgrade to a paid plan, which could boost paying subscribers. Why It’s Important: Slack is increasing the prices for its Pro plan and not for its Business Plus or custom enterprise plans, which could lead to more customers shifting to the other plans. Related Link: Salesforce Q1 Earnings Highlights: Revenue And EPS Beat, $42 Billion Remaining In Revenue Under Contract ![]() ![]() ![]() Customers on the free plan will lose access to files, messages and clips older than 90 days beginning on Sep. ![]()
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