Salesforce reports Q1 revenue up 11% YoY to $9.13B, vs. $9.15B est., and forecasts Q2 revenue and earnings below expectations; CRM drops 20%+
Larry Dignan / Constellation Research :
Constellation Research Larry Dignan
Related Coverage
- Salesforce, UiPath, Agilent, C3.ai, HP Inc., Pure Storage, Nutanix, and More Stock Market Movers Barron's Online · Joe Woelfel
- Salesforce shares plunge 16% on first revenue miss since 2006 CNBC · Jordan Novet
- These Analysts Cut Their Forecasts On Salesforce After Q1 Results Benzinga · Avi Kapoor
- Salesforce Announces First Quarter Fiscal 2025 Results Salesforce
- Salesforce (NYSE:CRM) Reports Q1 In Line With Expectations But Stock Drops 11% Investing.com
- Salesforce shares tumble after-hours on first earnings miss since 2006 SiliconANGLE · Duncan Riley
- Salesforce Stock Sinks on Revenue Miss, Weak Outlook Investopedia · Naomi Buchanan
- Salesforce shares tumble as soft cloud demand hurts forecasts Channel NewsAsia
- Salesforce Warns Of More Cautious Buying Habits Among Companies The Information
- Salesforce shares fall more than 16% after earnings report San Francisco Business Times · Ted Andersen
- Salesforce's earnings outlook comes in light, and the stock is tumbling MarketWatch · Emily Bary
- Salesforce Earnings Summary: Tops EPS expectations, but issues soft guidance (NYSE:CRM) Seeking Alpha · Brian Stewart
- Salesforce Stock Slumps After Reporting Weak Outlook Wall Street Journal · Ben Glickman
- Salesforce forecasts second-quarter revenue below estimates Reuters · Zaheer Kachwala
- Salesforce shares tumble 17%, on pace for worst day since 2008 CNBC · Ashley Capoot
Discussion
-
@economyapp
@economyapp
on x
$CRM Salesforce Q1 FY25 (ending in April): • Current RPO +10% Y/Y to $26.4B. • Revenue +11% Y/Y to $9.1B ($20M miss). • Operating margin 19% (+14pp Y/Y). • Non-GAAP EPS $2.44 ($0.07 beat). FY25 guidance (unchanged): • Revenue +9% Y/Y to $38B. • Operating margin 20%. [image]
-
@jack_raines
Jack Raines
on x
Salesforce down 16% as investors all collectively realize that no one knows what this company does. [image]