Salesforce Stock Falls in Enterprise Software on Weak Guidance Despite AI Hopes
Earnings Report Overview Salesforce, a major player in enterprise software, reported its first-quarter earnings on Wednesday. While the earnings topped expectations, revenue fell short, leading to a drop in the stock price. Key Financial Metrics CRPO Bookings A critical financial metric, current remaining performance obligations (CRPO) bookings, also missed expectations: Market Reaction Background and Future…