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Salesforce's Q2 outlook disappoints, Q1 mixed

Salesforce’s second quarter outlook missed expectations, but the company said it is still early innings for generative AI demand. Nevertheless, Salesforce is projecting single-digit growth for the quarter ahead. The company projected second quarter revenue of $9.2 billion to $9.25 billion, up 7% to 8%, with non-GAAP earnings of $2.34 a share to $2.36 a share. Wall Street was expecting earnings of $2.40 a share on revenue of $9.35 billion. For fiscal 2025, Salesforce said sales will be between $3...

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