{"id":19239,"date":"2018-11-27T05:00:00","date_gmt":"2018-11-27T12:00:00","guid":{"rendered":"https:\/\/www.salesforce.com\/?p=19239"},"modified":"2020-09-18T00:36:11","modified_gmt":"2020-09-18T00:36:11","slug":"salesforces-marc-benioff-discusses-phenomenal-q3-with-with-cnbcs-jim-cramer-forecasts-strong-fiscal-year-ahead","status":"publish","type":"post","link":"https:\/\/www.salesforce.com\/news\/stories\/salesforces-marc-benioff-discusses-phenomenal-q3-with-with-cnbcs-jim-cramer-forecasts-strong-fiscal-year-ahead\/","title":{"rendered":"Salesforce\u2019s Marc Benioff Discusses \u201cPhenomenal\u201d Q3 with with CNBC\u2019s Jim Cramer, Forecasts \u201cStrong Fiscal Year Ahead\u201d"},"content":{"rendered":"<div class=\"wp-block-image__wrapper\"><figure class=\"wp-block-image size-large prevent-download\">\n\t<a href=\"https:\/\/www.cnbc.com\/video\/2018\/11\/27\/benioff-salesforce-has-never-been-stronger-or-in-a-better-position.html\">\n\t\t<a href=\"#\" class=\"wp-block-image__modal-toggle\" aria-expanded=\"false\" data-modal-id=\"19240-modal\"><span class=\"screen-reader-text\">Open Image Modal<\/span><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"645\" src=\"https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?strip=all&#038;quality=95\" alt=\"\" class=\"wp-image-19240\" srcset=\"https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png 750w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=300&amp;h=258 300w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=264&amp;h=227 264w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=424&amp;h=365 424w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=678&amp;h=583 678w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=150&amp;h=129 150w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=224&amp;h=193 224w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/a>\n\t<\/a>\n\t\n<\/figure><div id=\"19240-modal\" class=\"image-modal\" aria-hidden=\"true\" aria-labelledby=\"image-dialog-title\"><div class=\"image-modal__overlay\" tabindex=\"-1\" data-a11y-dialog-hide><\/div><div class=\"image-modal__content\" role=\"dialog\"><button class=\"image-modal__close-button\" type=\"button\" data-a11y-dialog-hide aria-label=\"Close this image dialog window\"><svg viewBox=\"0 0 26 25\" height=\"16\" width=\"16\" fill=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><rect x=\".626\" y=\"22.753\" width=\"32\" height=\"3\" rx=\"1.5\" transform=\"rotate(-45 .626 22.753)\"\/><rect x=\"2.747\" y=\".125\" width=\"32\" height=\"3\" rx=\"1.5\" transform=\"rotate(45 2.747 .125)\"\/><\/svg><\/button><h1 id=\"image-dialog-title\" class=\"screen-reader-text\">Image Modal<\/h1><figure class=\"wp-block-image size-large prevent-download\">\n\t<a href=\"https:\/\/www.cnbc.com\/video\/2018\/11\/27\/benioff-salesforce-has-never-been-stronger-or-in-a-better-position.html\">\n\t\t<img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"645\" src=\"https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?strip=all&#038;quality=95\" alt=\"\" class=\"wp-image-19240\" srcset=\"https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png 750w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=300&amp;h=258 300w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=264&amp;h=227 264w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=424&amp;h=365 424w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=678&amp;h=583 678w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=150&amp;h=129 150w, https:\/\/www.salesforce.com\/news\/wp-content\/uploads\/sites\/3\/2020\/08\/mvideo.png?w=224&amp;h=193 224w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/>\n\t<\/a>\n\t\n<\/figure><\/div><\/div><\/div>\n<p>Salesforce Chairman and co-CEO Marc Benioff discussed on Tuesday the \u201cincredible customer demand\u201d that the company is seeing in an <a href=\"https:\/\/www.cnbc.com\/2018\/11\/27\/benioff-salesforce-has-never-been-stronger-or-in-a-better-position.html\">interview<\/a> with Jim Cramer on CNBC\u2019s \u201cMad Money.\u201d<\/p><p>&quot;I don&#8217;t think the company&#8217;s ever been stronger or been in a better position, and the reason why is every company that we&#8217;re dealing with is going through a huge digital transformation and every digital transformation begins and ends with the customer,&quot; Benioff said.<\/p><p>&quot;If you don&#8217;t have a digital, one-on-one relationship with your customer, you&#8217;re just not going to be that successful,&quot; he added.<\/p><p>Earlier Tuesday, Salesforce announced third-quarter revenue of $3.39 billion, an increase of 26 percent year-over-year. Salesforce also increased its FY19 revenue guidance and initiated full year fiscal 2020 revenue guidance at $16 billion\u2014at the high end of the range.<\/p><p>Benioff shared his view of how companies have shifted their values in recent years.<\/p><p>&quot;In technology over the last two decades, the most important thing has been the idea. That is, the best idea wins,&quot; he said. &quot;That has been what gets you funded, that&#8217;s how you grow your company, that&#8217;s been your highest value: the best idea wins. No longer true. The current highest value is trust, and if trust is not your highest value, if the most important thing to you and your company is not trust, you need to look again, and that&#8217;s what&#8217;s happening with these companies today.&quot;<\/p><p>Salesforce trades on the New York Stock Exchange under the ticker symbol CRM. For more on the earnings report, read the<a href=\"https:\/\/www.salesforce.com\/company\/news-press\/press-releases\/2018\/11\/181127-b\/\"> press release<\/a> and see the<a href=\"https:\/\/s1.q4cdn.com\/454432842\/files\/doc_financials\/2019\/q3\/CRM-Q3-FY19-Earnings-Presentation.pdf\"> quarterly report slides<\/a>. The full video interview is available <a href=\"https:\/\/www.cnbc.com\/video\/2018\/11\/27\/benioff-salesforce-has-never-been-stronger-or-in-a-better-position.html\">here<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Salesforce Chairman and co-CEO Marc Benioff discussed on Tuesday the \u201cincredible customer demand\u201d that the company is seeing in an interview with Jim Cramer on CNBC\u2019s \u201cMad Money.\u201d &quot;I don&#8217;t think the company&#8217;s ever been stronger or been in a better position, and the reason why is every company that we&#8217;re dealing with is going [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sf_subhead":"","sf_i18n_disclaimer":false,"_jetpack_memberships_contains_paid_content":false,"alternateThumbnailId":0,"sf_product_cta_id":0,"footnotes":""},"categories":[1],"tags":[],"sf_content_type":[1735],"sf_theme":[1912],"sf_topic":[1726,1775],"sf_product":[],"sf_industry":[],"sf_role":[],"sf_multimedia_asset":[2055],"sf_location":[1724],"sf_collection":[],"sf_visibility":[],"coauthors":[],"class_list":["post-19239","post","type-post","status-publish","format-standard","hentry","category-uncategorized","sf_content_type-news-highlights","sf_theme-digital-transformation","sf_topic-digital-transformation","sf_topic-earnings","sf_multimedia_asset-video","sf_location-amer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - 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