_salesforce-shares-plummet-18-as-q1-revenue-falls-short-of-estimates-here39s-why-analysts-are-still-optimistic.jpg "Salesforce Shares Plummet 18% as Q1 Revenue Falls Short of Estimates. Here's Why Analysts Are Still Optimistic from a testing time meaning Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 695K times
✓ Published: 31-May-2024
👁 View: 695K times
✓ Published: 31-May-2024
Description:
Salesforce shares fell 18% after the company reported fiscal first-quarter revenue that missed estimates for the first time since 2006 and provided lighter-than-expected guidance. Revenue for the quarter increased 11% but still came in below analysts' estimates. Guidance also came in below estimates. Analysts said broader macroeconomic challenges impacted Salesforce's performance during the quarter more than expected. Execution issues and changes to their go-to-market strategy also played a role. Analysts remain optimistic about Salesforce's long-term prospects, especially around their investments in generative AI and how it could drive future growth.
Salesforce shares fell 18% after the company reported fiscal first-quarter revenue that missed estimates for the first time since 2006 and provided lighter-than-expected guidance. Revenue for the quarter increased 11% but still came in below analysts' estimates. Guidance also came in below estimates. Analysts said broader macroeconomic challenges impacted Salesforce's performance during the quarter more than expected. Execution issues and changes to their go-to-market strategy also played a role. Analysts remain optimistic about Salesforce's long-term prospects, especially around their investments in generative AI and how it could drive future growth.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_how-taylor-swift-and-travis-kelce-are-reportedly-doing-now-that-eras-tour-is-on-hiatus-and-football-season-is-over.webp "Most of the time, Taylor Swift and Travis Kelce are booked and busy. Just take a look at Swift’s list of upcoming projects and the NFL’s schedule, and you’ll see just how true that point is. However, at the moment, the pop star is on a break from her Eras Tour, and after winning the Super Bowl, the Kansas City Chiefs tight end is enjoying the off-season. So, how is their relationship going now that they both have a “Blank Space” in their schedules? Well, a source gave an alleged answer to that question.<br/><br/>Reportedly, this power couple is thriving in their off time. Both are taking a much-deserved break from their work, and according to ET, they’ve been enjoying it together by taking a vacation to the Bahamas and spending a lot of time in Los Angeles.")
⏲ 1:8 👁 148.1M
_testing-time.webp "TMRQld")
_at-one-time-124-meaning-of-at-one-time.webp "LF's English Academy")
_the-8-best-costco-sales-for-may-and-june.webp "Costco is as good as it gets when it comes to exciting deals on household goods. In this video, Jess takes a trip to Costco to show you the best items on sale for the months of May and June. If you’ve considered picking up an air fryer, now is the ideal time with the Ninja 10-in-1 air fryer on sale with $40 off. For smaller shoppers, there’s a wonderful deal on a 22 pack of Kind nut bars. Watch the video to learn about every other money-saving deal.")
_my-honest-testingtime-review-is-it-legit-or-a-scam.webp "Mara Latorre")
_motherhood-after-40-wisdom-and-challenges-with-miriam-quiambao-roberto-l-poprica-l-smart-parenting.webp "In this heartfelt episode of POPRICA, we sit down with beauty queen Miriam Quiambao-Roberto, a mom who proves that it’s not about age, but about love. Miriam shares her inspiring journey of becoming a first-time mom at 43 and welcoming her second miracle baby at 46.<br/><br/>Join us as Miriam opens up about the realities of motherhood in your 40s, including the joys, struggles, and everything in between. Whether you’re a mom, a mother in waiting, or simply looking for some inspiration, Miriam’s story is a testament to the strength and resilience of motherhood.")
⏲ 12:41 👁 18.9M
_what-is-unit-testing-124-unit-testing-in-java-124-software-testing-tutorial-124-edureka.webp "edureka!")
⏲ 24 minutes 14 seconds 👁 47.4K
_introduction-to-testing-in-javascript-with-jest.webp "Web Dev Simplified")
_how-taylor-swift-and-travis-kelce-are-reportedly-doing-now-that-eras-tour-is-on-hiatus-and-football-season-is-over.jpg)
_testing-time.jpg)
_at-one-time-124-meaning-of-at-one-time.jpg)
_the-8-best-costco-sales-for-may-and-june.jpg)
_my-honest-testingtime-review-is-it-legit-or-a-scam.jpg)
_motherhood-after-40-wisdom-and-challenges-with-miriam-quiambao-roberto-l-poprica-l-smart-parenting.jpg)
_what-is-unit-testing-124-unit-testing-in-java-124-software-testing-tutorial-124-edureka.jpg)
_introduction-to-testing-in-javascript-with-jest.jpg)
![[+]](/images/menu.gif){kind=small}