Bond.az reports that Salesforce on Wednesday reported a quarterly top- and bottom-line beat, but provided current quarter revenue guidance that was slightly under expectations.
Shares of the Dow 30 component slipped 3.2% after hours.
The San Francisco, California-based firm earned $3.88 per share on an adjusted basis on revenue of $11.13 billion for its fiscal Q1 2027. Analysts had expected a profit of $3.13 per share on revenue of $11.06 billion.
For Q2, Salesforce sees adjusted earnings of $3.25 to $3.27 per share on revenue of $11.27 billion to $11.35 billion. Analysts had expected earnings of $3.25 per share on revenue of $11.36 billion.
This is a developing story, please check back for updates.
