AI & Enterprise
Salesforce says Agentforce annual recurring revenue nearly triples as shares extend decline
Salesforce unveiled a $50 billion plan to repurchase its own shares, but its fiscal 2027 revenue forecast came in below Wall Street expectations, CNBC reported on Feb. 25, sending the stock down 4 percent. The company said revenue for the quarter ended in January rose 12 percent to $11.2 billion, including Informatica. Excluding Informatica, growth was 8 percent. Agentforce annual recurring revenue rose nearly threefold to $800 million.
