Month: May 2024

Sleep Soundly With $500 Off Mattresses at Big Fig – CNET

If you snoozed through the Memorial Day shopping bonanza, never fear. You can still take advantage of great savings at Big Wig.

If you snoozed through the Memorial Day shopping bonanza, never fear. You can still take advantage of great savings at Big Wig.

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Self-Heating Mug – CNET

Temperature controlled, 14-oz.

Temperature controlled, 14-oz.

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Salesforce Shares Plunge 17% On First Revenue Miss Since 2006

Salesforce shares dropped as much as 17% in extended trading due to weaker-than-expected revenue and guidance that fell short of Wall Street expectations. “Revenue in the fiscal first quarter, which ended April 30, increased 11% from $8.25 billion a year earlier,” reports CNBC. “It’s the first time since 2006 that Salesforce fell short on revenue, according to LSEG data.” From the report: Salesforce called for adjusted earnings per share in the current quarter of $2.34 to $2.36 on $9.2 billion to $9.25 billion in revenue. Analysts surveyed by LSEG had expected $2.40 in adjusted earnings per share on $9.37 billion in revenue. […] Salesforce saw budget scrutiny and longer deal cycles than usual during the quarter, president and operating chief Brian Millham told analysts on a conference call. Management implemented go-to-market changes that cut into bookings, Millham said.

All five of Salesforce’s product areas contributed to the growth. But revenue from the Professional Services and Other category, at $548 million, was down 9% and under the StreetAccount consensus of $572.9 million. Net income jumped to $1.53 billion, or $1.56 per share, from $199 million, or 20 cents per share a year ago.

Read more of this story at Slashdot.

Salesforce shares dropped as much as 17% in extended trading due to weaker-than-expected revenue and guidance that fell short of Wall Street expectations. “Revenue in the fiscal first quarter, which ended April 30, increased 11% from $8.25 billion a year earlier,” reports CNBC. “It’s the first time since 2006 that Salesforce fell short on revenue, according to LSEG data.” From the report: Salesforce called for adjusted earnings per share in the current quarter of $2.34 to $2.36 on $9.2 billion to $9.25 billion in revenue. Analysts surveyed by LSEG had expected $2.40 in adjusted earnings per share on $9.37 billion in revenue. […] Salesforce saw budget scrutiny and longer deal cycles than usual during the quarter, president and operating chief Brian Millham told analysts on a conference call. Management implemented go-to-market changes that cut into bookings, Millham said.

All five of Salesforce’s product areas contributed to the growth. But revenue from the Professional Services and Other category, at $548 million, was down 9% and under the StreetAccount consensus of $572.9 million. Net income jumped to $1.53 billion, or $1.56 per share, from $199 million, or 20 cents per share a year ago.

Read more of this story at Slashdot.

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Fruit Flavor Cookie Assortment – CNET

Assorted flavors, 24 pcs.

Assorted flavors, 24 pcs.

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LocknLock Storage Set – CNET

Multi-shape & assorted color choices, 16 pcs.

Multi-shape & assorted color choices, 16 pcs.

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Individually Wrapped Crumb Cakes – CNET

Assorted flavors, 12 pcs.

Assorted flavors, 12 pcs.

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Ninja Blast Blender – CNET

Portable & rechargeable, 18-oz.

Portable & rechargeable, 18-oz.

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