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Salesforce, Inc. (NYSE:CRM ) Jefferies Software Conference Call June 1, 2023 2:00 PM ET Company Participants Brian Millham - President and Chief Operating Officer Conference Call Participants Brent Thill - Jefferies Brent Thill Brian Millham is with us, President and CEO of Salesforce, really excited to have you here. Thanks for making the trip, especially after earnings.
Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.
Shares of Salesforce Inc. CRM slumped 6.3% in premarket trading in the wake of the customer-relationship-management software company's fiscal first-quarter report, which was enough to push futures YM00 for the Dow Jones Industrial Average DJIA into the red. The implied price decline for the stock would shave about 92 points off the Dow's price.
Salesforce, Inc. (NYSE:CRM ) Q1 2023 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Mike Spencer - Executive Vice President, Investor Relations Marc Benioff - Chairman and Chief Executive Officer Brian Millham - President and Chief Operating Officer Amy Weaver - President and Chief Finance Officer Srini Tallapragada - Head of Engineering Conference Call Participants Kirk Materne - Evercore Elizabeth Porter - Morgan Stanley Brad Sills - Bank of America Brent Thill - Jefferies Mark Murphy - JPMorgan Brent Bracelin - Piper Sandler Raimo Lenschow - Barclays Karl Keirstead - UBS Kash Rangan - Goldman Sachs Operator Welcome to Salesforce Fiscal 2024 First Quarter Results Conference Call. All lines have been placed on mute to prevent any background noise.
Salesforce CEO Marc Benioff joins 'Mad Money' host Jim Cramer to discuss the company's quarterly earnings and revenue beat.
Salesforce (CRM) topped expectations in its fiscal first quarter, while providing strong guidance for the second and raising its full-year margin outlook.
The headline numbers for Salesforce.com (CRM) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Salesforce.com (CRM) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $0.98 per share a year ago.
Shares of Salesforce.com, Inc. (NYSE:CRM) are down after hours Wednesday, even as the firm's first-quarter capital expenses overshadowed expectations beats on both the top and bottom lines. The cloud software firm posted revenue of $8.25 billion in the three months ended April 30, up 11% year-over-year, and above expectations of $8.18 billion.
Salesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.