Salesforce shares plunge 16% on first revenue miss since 2006

(CNBC) Salesforce called for adjusted earnings per share in the current quarter of $2.34 to $2.36 on $9.2 billion to $9.25 billion in revenue. Analysts surveyed by LSEG had expected $2.40 in adjusted earnings per share on $9.37 billion in revenue. Revenue in the fiscal first quarter, which ended April 30, increased 11% from $8.25 billion a year earlier.

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