Salesforce shares plunge on revenue miss, weak forecast
salesforcesalesforce(US:CRM) cnbc.com·2024-05-29 20:20

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Salesforce shares plummeted 17% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance that trailed Wall Street's expectations.Here's how the company did, compared with the LSEG consensus:Earnings: $2.44 per share, adjusted, vs. $2.38 per share expectedRevenue: $9.13 billion, vs. $9.17 billion expectedSalesforce called for ...