Salesforce reports Q1 revenue up 11% YoY to $9.13B, vs. $9.15B est., and forecasts Q2 revenue below expectations; CRM drops 17%+ after hours (Larry Dignan/Constellation Research)

Posted on May 29, 2024
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Larry Dignan / Constellation Research:
Salesforce reports Q1 revenue up 11% YoY to $9.13B, vs. $9.15B est., and forecasts Q2 revenue below expectations; CRM drops 17%+ after hours — Salesforce’s second quarter outlook missed expectations, but the company said it is still early innings for generative AI demand.

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