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Salesforce shares plunge 16% on first revenue miss since 2006

Salesforce shares plunge 16% on first revenue miss since 2006

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.

Stefan Wermuth | Bloomberg | Getty Images

Salesforce shares plummeted as much as 17% in extended trading on Wednesday after the cloud software vendor reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations.

Here’s how the company did, compared with the LSEG consensus:

  • Earnings per…


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