Salesforce slips after the company calls for single-digit full-year revenue growth

Core Insights - Salesforce shares fell 6% in after-hours trading following a weaker revenue forecast for the upcoming fiscal year, despite reporting better-than-expected earnings and revenue for the last quarter [1][2] - The company announced it will initiate a dividend of 40 cents per share [1] Financial Performance - Adjusted earnings per share for the last quarter were $2.29, surpassing the expected $2.26 [1] - Revenue for the quarter reached $9.29 billion, slightly above the anticipated $9.22 billion [1] - Year-over-year revenue growth was reported at 10.8%, with net income of $1.45 billion compared to a loss of $98 million in the previous year [1] Future Guidance - For the fiscal first quarter, Salesforce projects adjusted earnings of $2.37 to $2.39 per share and revenue between $9.12 billion and $9.17 billion, exceeding analyst expectations of $2.20 per share and $9.15 billion in revenue [2] - For the 2025 fiscal year, the company anticipates adjusted earnings of $9.68 to $9.76 per share and revenue between $37.7 billion and $38.0 billion, indicating an 8.6% growth at the midpoint, though below analyst expectations of $9.57 per share and $38.62 billion in revenue [2] Market Performance - Excluding the after-hours decline, Salesforce shares have increased approximately 14% year-to-date, outperforming the S&P 500 index, which has gained 6% in the same period [2]