Salesforce’s disappointing guidance overshadows earnings beat, stock slips 4%

Salesforce Inc.’s stock initially slipped 4% in after-hours trading Wednesday after the company racked up revenue and earnings that topped analysts’ estimates. It also provided updates on its recently released Einstein artificial-intelligence platform and on its cost-cutting moves.

Salesforce’s disappointing guidance overshadows earnings beat, stock slips 4%
Salesforce Inc.’s stock initially slipped 4% in after-hours trading Wednesday after the company racked up revenue and earnings that topped analysts’ estimates. It also provided updates on its recently released Einstein artificial-intelligence platform and on its cost-cutting moves.