Salesforce Stock Sinks on Revenue Miss, Weak Outlook
Key TakeawaysSalesforce reported rising revenue and net income in the first fiscal quarter of 2025 from the year-ago period, though its revenue missed analysts' estimates.Salesforce's guidance for the second quarter was also weaker than expected.Salesforce maintained its previously announced full-year outlook.Shares of Salesforce fell more than 17% in extended trading Wednesday following the release. Salesforce (CRM) shares tumbled over 17% in extended trading Wednesday after the customer relationship manag ...