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in Tech

Salesforce trims full-year expectations for earnings and revenue

by Editor August 25, 2022, 11:49 am 1.5k Views

Salesforce trims full-year expectations for earnings and revenue

Marc Benioff, co-founder and co-CEO of Salesforce, speaks at the TIME100 Gala on June 8, 2022, in New York.

Kevin Mazur | Getty Images

Salesforce reported earnings and revenue that topped analysts’ estimates but gave a disappointing forecast for fiscal 2023. The stock slid 7% in extended trading on Wednesday.

The enterprise software maker said its board approved a $10 billion stock buyback program, a first for the company. But Marc Benioff,…

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