From CNBC: 2024-05-29 20:37:30

Salesforce shares dropped over 16% after reporting weaker earnings and lowering guidance. Despite revenue rising to $9.13 billion and adjusted earnings per share at $2.44, both missed estimates. Operating margin increase to 32.1% was less than expected. Salesforce outlook is cautious due to slower growth. Investors are cautious about future prospects.



Read more at CNBC:: We’re cutting our price target on Salesforce after disappointing guidance