Economic news
Salesforce forecasts second-quarter revenue below estimates
2024.05.29 16:18
(Reuters) – Business software maker Salesforce (NYSE:) forecast second-quarter revenue below Wall Street expectations on Wednesday, as customers lower their spending on its cloud and enterprise business products in an uncertain economy.
The company forecast revenue between $9.20 billion and $9.25 billion compared with estimates of $9.37 billion, according to LSEG data.