Salesforce Q1: revenue of $4.87B, up 30% YoY, subscription and support revenue $4.58B, up 31% YoY, Q2 guidance lower than expected; stock down ~4% after hours (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Salesforce Q1: revenue of $4.87B, up 30% YoY, subscription and support revenue $4.58B, up 31% YoY, Q2 guidance lower than expected; stock down ~4% after hours — - Salesforce's guidance for the full fiscal year was softer than what analysts had expected. — The company announced the departure of co-CEO Keith Block in the quarter.
https://bit.ly/36HlNEs
https://bit.ly/36HlNEs