_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 a melhor 2006 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
Related Videos
_voice-note-from-39dr-death39-after-his-dogs-were-seized-by-rspca.webp "Warning: Contains offensive language.<br/><br/>Essex dog fighting gang member Phillip Ali, who goes by Dr Death' was previously found guilty of 10 offences under the Animal Welfare Act 2006, including four offences of keeping and/or training a dog for use in a fight, and two of causing a fight. He was today sentenced to five years in prison and disqualified from keeping dogs for 10 years.<br/><br/>A cell phone seized by investigators revealed a treasure trove of evidence linking him to international dog fights, including this message - where he confirmed plans to reschedule fights if he got his dogs back from the RSPCA.<br/><br/>Video: RSPCA/Supplied")
_cd-melody-marcante-2006-2007-2008-2009.webp "DJ LEONAN")
_cd-s-marcantes-2006-e-2007-dj-ryan-mix.webp "Ryan Mix CDS")
_marcantes-2003-2004-2005-impossvel-no-sentir-saudade-julho-2023-marcantes-marcante10.webp "PRESSÃO DU PARÁ")
⏲ 29 minutes 24 seconds 👁 262.7K
_na-balada-vol-6-jovem-pan-dance-music-2002.webp "Music Del On")
_love-ludlow-124-show-124-2006-124-official-clip.webp "Myra Smuldanski has done the unthinkable. After years of shunning men she accepts a date with Reginald Baron, an account | dHNfSUdxcUp5d01nRVk")
_seresta.webp "Seresta - Topic")
_voice-note-from-39dr-death39-after-his-dogs-were-seized-by-rspca.jpg)
_cd-melody-marcante-2006-2007-2008-2009.jpg)
_cd-s-marcantes-2006-e-2007-dj-ryan-mix.jpg)
_marcantes-2003-2004-2005-impossvel-no-sentir-saudade-julho-2023-marcantes-marcante10.jpg)
_na-balada-vol-6-jovem-pan-dance-music-2002.jpg)
_love-ludlow-124-show-124-2006-124-official-clip.jpg)
_seresta.jpg)
![[+]](/images/menu.gif){kind=small}