_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 miss bumbum full 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
_9-optional-video-game-boss-fights-you-totally-missed.webp "It's crazy how many miss Sekiro's Lady Butterfly. #sekiro #darksouls #fromsoftware")
_60-year-old-beauty-queen-rocks-miss-universe.webp "60-year-old #Argentine beauty queen Alejandra Marisa Rodríguez rocked the Miss Universe pageant. It’s the first year entrants over 28 have been allowed. <br/>#MissUniverse #Argentina")
_crazy-miss-abuse-scumbag-full.webp "Crazy Miss Abuse Scumbag<br/>Crazy story about young lady torturing scumbag#drama #reels #shortdrama<br/>#film#filmengsub #movieengsub #reedshort #haibarashow #3tchannel#chinesedrama #drama #cdrama #dramaengsub #englishsubstitle #chinesedramaengsub #moviehot#romance #movieengsub #reedshortfulleps<br/>TAG:3t channel, 3t channel dailymontion,drama,chinese drama,cdrama,chinese dramas,contract marriage chinese drama,chinese drama eng sub,chinese drama 2024,best chinese drama,new chinese drama,chinese drama 2024,chinese romantic drama,best chinese drama 2024,best chinese drama in 2024,chinese dramas 2024,chinese dramas in 2024,best chinese dramas 2023,chinese historical drama,chinese drama list,chinese love drama,historical chinese drama<br/>")
_sean-diddy-combs-reportedly-missed-his-twin-daughters-prom.webp "Amid his mounting legal troubles, Sean ‘Diddy’ Combs is said to have been absent at his 17-year-old twin daughters’ prom.")
_fast-talk-with-boy-abunda-chelsea-manalo-ep-346.webp "Ngayong Lunes, makakapanayam ni Boy Abunda ang Bulacan beauty at tinanghal na Miss Universe Philippines 2024 na si Chelsea Manalo. Ang kaniyang mga kuwento, alamin mamaya sa 'Fast Talk with Boy Abunda.' <br/><br/>Get to know the latest update on your favorite showbiz personality together with 'The King of Talk' Boy Abunda in 'Fast Talk with Boy Abunda,’ weekdays at 4:45 p.m. on GMA Afternoon Prime. #FastTalkwithBoyAbunda<br/>")
_miss-the-village-atmosphere-when-it39s-drin.webp "MISS THE VILLAGE")
_8-movies-that-missed-out-the-money-shot.webp "No flag for Neil Armstrong?! Captain America didn't die for this!")
_she-misses-her-so-much-that-she-doesnt-know-full.webp "She misses her so much that she doesn’t know Full<br/>#film#filmengsub #movieengsub #reedshort #haibarashow #3tchannel#chinesedrama #drama #cdrama #dramaengsub #englishsubstitle #chinesedramaengsub #moviehot#romance #movieengsub #reedshortfulleps<br/>TAG:3t channel, 3t channel dailymontion,drama,chinese drama,cdrama,chinese dramas,contract marriage chinese drama,chinese drama eng sub,chinese drama 2024,best chinese drama,new chinese drama,chinese drama 2024,chinese romantic drama,best chinese drama 2024,best chinese drama in 2024,chinese dramas 2024,chinese dramas in 2024,best chinese dramas 2023,chinese historical drama,chinese drama list,chinese love drama,historical chinese drama<br/>")
_9-optional-video-game-boss-fights-you-totally-missed.jpg)
_60-year-old-beauty-queen-rocks-miss-universe.jpg)
_crazy-miss-abuse-scumbag-full.jpg)
_sean-diddy-combs-reportedly-missed-his-twin-daughters-prom.jpg)
_fast-talk-with-boy-abunda-chelsea-manalo-ep-346.jpg)
_miss-the-village-atmosphere-when-it39s-drin.jpg)
_8-movies-that-missed-out-the-money-shot.jpg)
_she-misses-her-so-much-that-she-doesnt-know-full.jpg)
![[+]](/images/menu.gif){kind=small}