Salesforce shares plunged more than 16% in extended trade on Wednesday after the cloud-based software company reported its first quarterly revenue miss in 18 years and issued weak annual guidance. Monitor these two levels where buyers may step in to defend the price.
Salesforce Q1 2025 Results: Look Beyond The Weak RPO That Drove The Sell-Off (CRM) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Salesforce , the #1 AI CRM, today announced results for its fiscal fourth quarter and full fiscal year 2024 ended January 31, 2024.
Fourth Quarter Revenue of $9.29 Billion, up 11% Year-Over-Year , up.
Q4 Revenue of $21.8 million, up 4% year-over-year
Q4 Ending ARR1 of $75.0 million, up 120% year-over-year
Q4 Ending RPO2 of $240.5 million, up 66% year-over-year
Q4 Ending Evolv Express®.
Microsoft Q2: Not At This Price (Rating Downgrade) (NASDAQ:MSFT) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.