22.1 C
New York
Wednesday, September 9, 2026

Salesforce cuts forecast on lower IT spending, forex hit

Aug 24 (Reuters) – Salesforce Inc (CRM.N) on Wednesday cut its annual revenue and profit forecasts over “measured” spending from clients and a hit from a stronger dollar, sending its shares down 7% in extended trading. Salesforce also announced stock repurchase of up to $10 billion, its first-ever …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

148,415FansLike
396,312FollowersFollow
3,250SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x