Salesforce, Mongo, and Workday are all guiding to single-digit growth, with Salesforce forecasting around 4-5% next quarter. Jason M. Lemkin argues this isn't just a bad quarter but a sign the enterprise software market hasn't actually recovered.
On a miss, though, of 0.14. That's not the issue. The issue is that Salesforce said, we have fallen to single digit growth and we're not coming back. As far as we know. I think next quarter they're predicting like 4 or 5% growth and for the full year, single digit growth. People misunderstood. It was not the miss. No one, really. I mean, missing this quarter is minor. These devastating falls from Salesforce and Mongo and Workday and others are about the. That they're all ratcheting down where they think things are going the next year. That's kind of the discouraging thing that we haven't come out of it. We haven't come out of it.
