BUZZ-Salesforce falls after forecasting Q2 revenue below estimate
Salesforce.com, inc.
Salesforce.com, inc. CRM | 0.00 |
** Shares of U.S. software firm Salesforce CRM.N fall 1.4% to $175 in extended trading
** Company forecasts Q2 revenue in the range of $11.27 bln to $11.35 bln, compared with analysts' average estimate of $11.36 bln - data compiled by LSEG
** Q1 adj. profit per share at $3.88 vs estimate of $3.12
** Q1 revenue of $11.13 bln beats analysts' expectations of $11.05 bln
** Shares down about 32% YTD, underperforming the S&P 500's .SPX ~10% rise
