Salesforce beats on Q4 revenue, spurred by remote work during pandemic

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Salesforce reported better-than-expected Q4 revenue, fueled by soaring demand for its cloud-based software as remote work stretches further into 2021

Cloud giant Salesforce reported better-than-expected fourth-quarter revenue on Thursday.Salesforce is also doubling down on remote work internally with a new"Work From Anywhere" program.Salesforce reported better-than-expected fourth-quarter revenue on Thursday, helped by increased demand for its cloud-based software as remote work stretches further into 2021.

Over the last year, Salesforce's revenue grew quarter after quarter as more businesses subscribed to its cloud-based enterprise software after the pandemic pushed them to rethink ways of working in a remote world. The software company raised its fiscal 2022 revenue forecast slightly to between $25.65 billion and $25.75 billion, above analysts' average estimate of $25.42 billion.

 

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