Salesforce's Marc Benioff claims a 'victory for stakeholder capitalism'

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'This is a moment when we need to be thinking not just about how to serve all of our customers, but also how to take care of our communities because they are in so much pain,' Benioff said.

CEO Marc Benioff on Tuesday touted the value of stakeholders after the company posted a quarterly profit that smashed Wall Street's estimates.," Benioff, founder of the subscription-based business software, highlighted actions the company has taken in the midst of the economic and health crises.

"This is a victory for stakeholder capitalism because I think, you know, that we did a great job for our shareholders this quarter, but we also did a great job for our stakeholders, as well," he told CNBC's . "This is a moment when we need to be thinking not just about how to serve all of our customers, but also how to take care of our communities because they are in so much pain."in its second-quarter report for the 2021 fiscal year, growing revenue by 29% and net income by 152% from a year ago. The company posted $5.15 of revenue, compared to FactSet estimates of $4.9 billion, and earnings of $1.44 per share, as analysts expected 66 cents.

 

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More Globalist Left BS talking points.

Marc I’m a dividend investor I would like to own SALESFORCE How about considering dividends

PATH Disrupted

I don't like looking at either Salesforce or metlife

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