Salesforce stock falls after earnings and revenue beat

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Salesforce.com Inc. CRM, -3.66% shares fell more than 3% in the extended session Monday after the software company beat earnings and revenue expectations.

The company reported fiscal fourth-quarter net income of $362 million, or 46 cents a share, compared with $206 million, or 28 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation and tax effects, among other items, earnings were 70 cents a share. Revenue rose to $3.6 billion from $2.87 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 55 cents a share on revenue of $3.56 billion.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

J.C. Penney's stock soars after earnings, revenue beats, to close more stores in 2019
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Square stock falls after mixed outlook overshadows earnings beat
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Salesforce shares slide on disappointing earnings and revenue forecastSalesforce beat expectations for its fiscal fourth quarter, but its guidance for the next quarter was below what analysts were anticipating. Real shocking. Maybe less social engineering and more salesforcing. Sales force was a great product three years ago, but their lack of development in the auto business had us move on and cancel last month and change providers.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Papa John's stock rises despite earnings, revenue missPapa John's shares rose in extended trading after the company missed on earnings and revenue. Silly Do NOT buy papa johns! They suck! I haven't had a Papa John's pizza in years. I wouldn't eat that racist's pizza even if it was free. PapaJohns - change your name if Papa is truly gone. If not, enjoy the boycott.
Källa: CNBC - 🏆 12. / 72 Läs mer »

GW Pharmaceuticals stock rises after earnings beat
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Palo Alto Networks stock rallies after big earnings beat
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

UPDATE: AutoZone stock up 8% premarket after earnings beat
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Tech stocks take a beating after hours on disappointing earnings reportsBox, HP, Square, Fitbit and Elastic are among the technology companies that declined after reporting earnings on Wednesday. Including Cisco ?
Källa: CNBC - 🏆 12. / 72 Läs mer »

Zscaler, Splunk stocks eye new records after earnings beats, analyst price hikes
Källa: MarketWatch - 🏆 3. / 97 Läs mer »