Salesforce (CRM) swung to a profit in the fourth quarter of its fiscal year 2024, exceeding analysts' estimates for revenue and earnings. Shares in the company fell, 🐈however, as guidance for the current fiscal year fell short of expectations.

The company's net income for the three months ended Jan. 31 came in at $1.45 billion or $1.47 per diluted share. This was better than the $1.26 billion or $1.29 per diluted share 澳洲幸运5官方开奖结果体彩网:forecast by analysts. Revenue grew nearly 11% to $9.29 billion.

The company's shares fell in after-hours trading as investors focused in on the guidance provided. Salesforce projects revenue of $9.12 billion to $9.17 billion in the first quarter of fiscal year 2025. Full-year fiscal 2025 revenue is pegged at between $37.7 billion and $38 billion, which would represent a 9% increase over fiscal 2024.

Sa🦂lesforce shares were down 4.1%🤡 at $287.50 in after-hours trading at 4:50 p.m. ET.