_salesforce-shares-plummet-18-as-q1-revenue-falls-short-of-estimates-here39s-why-analysts-are-still-optimistic.jpg "Salesforce Shares Plummet 18% as Q1 Revenue Falls Short of Estimates. Here's Why Analysts Are Still Optimistic from 18 freebirth labor Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 695K times
✓ Published: 31-May-2024
👁 View: 695K times
✓ Published: 31-May-2024
Description:
Salesforce shares fell 18% after the company reported fiscal first-quarter revenue that missed estimates for the first time since 2006 and provided lighter-than-expected guidance. Revenue for the quarter increased 11% but still came in below analysts' estimates. Guidance also came in below estimates. Analysts said broader macroeconomic challenges impacted Salesforce's performance during the quarter more than expected. Execution issues and changes to their go-to-market strategy also played a role. Analysts remain optimistic about Salesforce's long-term prospects, especially around their investments in generative AI and how it could drive future growth.
Salesforce shares fell 18% after the company reported fiscal first-quarter revenue that missed estimates for the first time since 2006 and provided lighter-than-expected guidance. Revenue for the quarter increased 11% but still came in below analysts' estimates. Guidance also came in below estimates. Analysts said broader macroeconomic challenges impacted Salesforce's performance during the quarter more than expected. Execution issues and changes to their go-to-market strategy also played a role. Analysts remain optimistic about Salesforce's long-term prospects, especially around their investments in generative AI and how it could drive future growth.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_age-of-stone-and-sky-the-sorcerer-beast-2021-scary-movie-in-hindi.webp "Age of Stone and Sky The Sorcerer Beast (2021) Scary Movie in Hindi")
_a-couple-of-the-cuckoos-hindi-s1ep1.webp "<br/>Mover Vidoes Next Part :https://cb.run/0nUk<br/>My Wathsapp Group : https://cb.run/Sw6u<br/><br/>A disclaimer for an anime video upload channel! Here's a sample disclaimer you can use:<br/><br/>\")
_running-man-philippines-2-tara-swimming-tayo-sa-yelo-episode-3.webp "Aired (May 18, 2024): #RunningManPH2 #Highlights: Ang dami kong tawa!<br/><br/>The much awaited reality game show on Philippine TV, Running Man Philippines is here! Catch the latest episodes of 'Running Man Philippines’ Saturdays and Sundays at 7:15 PM on GMA Network. It stars Glaiza de Castro, Mikael Daez, Miguel Tanfelix, Buboy Villar, Lexi Gonzales, Kokoy de Santos, and Angel Guardian. #RunningManPhilippines #RMPh<br/>")
_running-man-philippines-2-winter-rm-olympics-full-chapter-2.webp "Paligsahan ng lakas at diskarte ang haharapin ng mga Runners sa first-ever RM Winter Olympics kasama sina Alessandra de Rossi, Michael Sager, at Mark Striegl. #RunningManPhilippines #RunningManPH2<br/><br/>Consists of Full Episodes 1 to 2:<br/>Running Man PH Full Episode 3 - aired May 18, 2024<br/>Running Man PH Full Episode 4 – aired May 19, 2024<br/>Running Man PH Full Episode 5 – aired May 24, 2024<br/>Running Man PH Full Episode 6 – aired May 25, 2024")
_eng-save-it-for-the-honeymoon-2024-ep-18-engsub.webp "(ENG) Save It for the Honeymoon (2024) Ep 18 EngSub")
_greens-labor-go-head-to-head-over-rejected-visas-for-palestinians.webp "Greens senator David Shoebridge has clashed with Labor senator Murray Watt over revelations that Home Affairs has rejected thousands of visas for Palestinians.")
_deep-love-love-again-2024-episode-18.webp "Deep Love Love Again (2024) Episode 18 from 18 freebirth labor")
_sex-down-under-124-full-18-movie-hd.webp "Sex Down Under | Full 18+ Movie (HD) from 18 freebirth labor")
_age-of-stone-and-sky-the-sorcerer-beast-2021-scary-movie-in-hindi.jpg)
_a-couple-of-the-cuckoos-hindi-s1ep1.jpg)
_running-man-philippines-2-tara-swimming-tayo-sa-yelo-episode-3.jpg)
_running-man-philippines-2-winter-rm-olympics-full-chapter-2.jpg)
_eng-save-it-for-the-honeymoon-2024-ep-18-engsub.jpg)
_greens-labor-go-head-to-head-over-rejected-visas-for-palestinians.jpg)
_deep-love-love-again-2024-episode-18.jpg)
_sex-down-under-124-full-18-movie-hd.jpg)
![[+]](/images/menu.gif){kind=small}