Updated 9 min ago
Salesforce Stock Falls After Revenue Guidance Disappoints
Shares of Salesforce (CRM) fell about 3% in morning trading after the software company's revenue outlook missed Wall Street’s expectations.
Salesforce said it expects revenue of $40.5 billion to $40.9 billion this year. Analysts had projected $41.37 billion, according to FactSet.
Salesforce's revenue range for the first quarter was also below expectations.
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