Salesforce beats expectations but faces investor skepticism. The enterprise software giant reported fourth-quarter revenue of $11.2 billion, surpassing forecasts, with adjusted earnings per share reaching $3.81. Despite strong results, shares fell 4.5% in after-hours trading as concerns about AI disruption persist. Agentforce, Salesforce's AI platform, has become a significant growth driver with over 29,000 deals closed and $800 million in annual recurring revenue. However, organic growth excluding acquisitions came in at just 9%, disappointing investors seeking double-digit expansion. Major clients including Amazon, Ford, and General Motors are adopting Agentforce, with companies like SharkNinja and Wyndham reporting substantial operational improvements and cost reductions.
