_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 الخبز الحرام 18 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
_save-it-for-the-honeymoon-2024-ep-18-eng-sub.webp "Save It for the Honeymoon (2024) EP 18 ENG SUB")
_practice-daughter-2024-ep-18.webp "Practice Daughter (2024) Ep 18")
_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/>")
_wyrmwood-apocalypse-2021-scary-movie-in-hindi.webp "Wyrmwood Apocalypse (2021) Scary Movie in Hindi")
_eng-save-it-for-the-honeymoon-2024-ep-18-engsub.webp "(ENG) Save It for the Honeymoon (2024) Ep 18 EngSub")
_ep-18-insect-detective-2-2024-engsub.webp "EP.18 Insect Detective 2 (2024) ENGSUB")
_john-wick--chapter-5-official-trailer-2025---keanu-reeves---ai-generated.webp "Dive into the mesmerizing world of John Wick: Chapter 5 with our groundbreaking concept trailer, exclusively generated by AI technology. Experience the pulse-pounding action and gripping narrative as John Wick embarks on his most daring mission yet. This innovative teaser provides a tantalizing glimpse into the next chapter of the beloved franchise, showcasing cutting-edge visuals and immersive storytelling crafted with the assistance of artificial intelligence. Join us as we redefine the boundaries of cinematic creativity and explore the thrilling possibilities of John Wick's next adventure. Witness the future of filmmaking unfold with our AI-generated concept trailer today!<br/>WATCH MORE:<br/>https://youtu.be/Bb4Er8MMhvQ<br/>https://youtu.be/G1fIbNYGMOQ")
_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")
_save-it-for-the-honeymoon-2024-ep-18-eng-sub.jpg)
_practice-daughter-2024-ep-18.jpg)
_running-man-philippines-2-tara-swimming-tayo-sa-yelo-episode-3.jpg)
_wyrmwood-apocalypse-2021-scary-movie-in-hindi.jpg)
_eng-save-it-for-the-honeymoon-2024-ep-18-engsub.jpg)
_ep-18-insect-detective-2-2024-engsub.jpg)
_john-wick--chapter-5-official-trailer-2025---keanu-reeves---ai-generated.jpg)
_age-of-stone-and-sky-the-sorcerer-beast-2021-scary-movie-in-hindi.jpg)
![[+]](/images/menu.gif){kind=small}