Salesforce Achieves Third Quarter Profit Growth with Cloud Services and AI Strategy
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Salesforce's third-quarter earnings exceeded expectations, as customers anticipate new AI products and shift towards the company's cloud-based services. The company's net income reached $1.22 billion, with a diluted earnings per share of $1.25. Revenue from subscription and support services grew by 11.2% to $8.72 billion. Salesforce plans to adjust its workforce size and reduce costs. Currently, customers are transitioning to the company's cloud platform, looking forward to the benefits associated with AI in the future.
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