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Salesforce Beats Earnings Estimates, But Stock Falls On Guidance

Key TakeawaysSalesforce's fourth-quarter fiscal 2024 earnings beat analysts' estimates.The company's net income came in at 1.45billion,or1.45 billion, or 1.47 per share, as revenue rose nearly 11% to 9.29billion.Sharestumbledmorethan49.29 billion.Shares tumbled more than 4% in after-hours trading as the company said it expects revenue in the fiscal first quarter of between 9.12 billion and $9.17 billion.Salesforce (CRM) swung to a profit in the fourth quarter of its fiscal year 2024, exceeding analysts' estimates for revenue and earnings. Shares in t ...