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CRM 270 PUTS MISSED EARNINGS DOWN 46 DOLLARS

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• Revenue: The total first-quarter revenue was $8.25 billion, an increase of 11% Year-Over-Year (Y/Y), and 13% Constant Currency (CC)1.
• Earnings per Share (EPS): The GAAP diluted EPS was $0.20 and the non-GAAP diluted EPS was $1.6912.
However, it seems that Salesforce’s earnings did not meet the analysts’ expectations. The forecasted earnings per share (EPS) for this quarter was $2.373, but the actual non-GAAP diluted EPS reported was $1.6912. This indicates that Salesforce’s earnings for Q1 2024 missed the analysts’ expectations.

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