01—Abstract
Summary
Summary of the 8-K filed September 23, 2021. Cited figures are marked; the original filing is the authoritative source.
Salesforce, Inc. (CRM) filed an 8-K on September 23, 2021, primarily to disclose updated financial guidance in conjunction with their Investor Day event.
The key takeaway for investors is the company's forward-looking revenue and profitability outlook for fiscal years 2022 and 2023. Specifically, the press release attached as Exhibit 99.1 provides revenue guidance for both FY2022 and FY2023, along with non-GAAP operating margin guidance for FY2023. This information is crucial for assessing the company's growth trajectory and potential profitability improvements, allowing investors to make informed decisions based on Salesforce's strategic direction and market performance.
02—Key points
Key Highlights
- Disclosure of FY2022 revenue guidance.
- Disclosure of FY2023 revenue guidance.
- Disclosure of FY2023 non-GAAP operating margin guidance.
- Information was released in connection with Salesforce's Investor Day event on September 23, 2021.
- The press release containing the guidance is attached as Exhibit 99.1.
- The disclosed information is furnished under Regulation FD and not deemed "filed" for Section 18 purposes.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to publicly disclose Salesforce's revenue guidance for fiscal years 2022 and 2023, and non-GAAP operating margin guidance for fiscal year 2023, in connection with their Investor Day event.
Where can I find the detailed financial guidance?
The detailed financial guidance is provided in the press release, which is included as Exhibit 99.1 to this Form 8-K filing.
Does this filing contain new financial statements or material business changes?
No, this filing does not contain new financial statements or disclose material changes to business operations. It is primarily a disclosure of forward-looking financial guidance.
Is the information in this filing subject to liability under Section 18 of the Exchange Act?
No, the information furnished in this report and its exhibits is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section. It is furnished under Regulation FD.
04—Continue