CRM - These Analysts Cut Their Forecasts On Salesforce After Q1 Results | Benzinga
Salesforce Inc (NYSE:CRM) reported upbeat earnings for the first quarter, while sales missed estimates.
Salesforce reported first-quarter revenue of $9.13 billion, missing the consensus estimate of $9.147 billion. First-quarter revenue was up 11% on a year-over-year basis. The enterprise cloud solutions company reported quarterly adjusted earnings of $2.44 per share, beating analyst estimates of $2.38 per share, according to data from Benzinga Pro.
"We are at the beginning of a massive opportunity for our customers to connect with their customers in a whole new way with AI. As the world's #1 AI CRM, we're incredibly well positioned to help companies realize the promise of AI over the ...