Salesforce (CRM) Q1 Earnings Top, Stock Falls on Weak Sales View

Salesforce (CRM) shares were trading nearly 16% lower in Thursday’s pre-market trading session as the company reported mixed first-quarter fiscal 2025 results, wherein non-GAAP earnings surpassed the Zacks Consensus Estimate, but revenues fell short of the same.The customer relationship management software maker also provided weak sales and earnings guidance for the second quarter, turning investors increasingly cautious about its near-term prospects. A dim second-quarter outlook signals a slowdown in cloud ...