In this article
CRM
Follow your favorite stocks CREATE FREE ACCOUNT
A bad year just got worse for Salesforce .
Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped more than 5%, bringing its decline for 2025 to 27%. That's the worst performance in large-cap tech.
Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for the first time since early 2024. Sales of $10.24 billion topped the average analyst estimate of $10.14 billion, and earnings per share also exceeded expectations.
However, for the fiscal third quarter, Salesforce said revenue will be $10.24 billion to $10.29 billion, while analysts were expecting $10.29 billion, according to LSEG.
Salesforc