Salesforce CEO Benioff brushes off 'SaaSpocalypse' fears with $10.7B quarter

Salesforce reported $10.7B Q4 revenue (up 13% YoY) and guided for $45.8-46.2B in FY27. CEO Marc Benioff mentioned "SaaSpocalypse" at least six times on the earnings call, insisting: "If there is a SaaSpocalypse, it may be eaten by the Sasquatch." Despite solid numbers, Salesforce stock dropped in after-hours trading as investors remained anxious about AI disruption to enterprise software. The company increased its dividend 6% and announced $72B in remaining performance obligations to demonstrate long-term business health.

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