
Salesforce ($CRM) reported its earnings after the market closed on December 3, 2024. The WhisperNumber community anticipated earnings of $2.64 per share, which was 20 cents higher than analyst estimates. However, reports indicate that Salesforce missed on earnings and guided down, leading to a notable market reaction. Despite the earnings miss, the stock surged approximately 12% in pre-market trading the following day, marking a significant recovery from a 52-week low reached earlier in June. Additionally, other companies such as Marvell Technology ($MRVL) and Okta ($OKTA) also reported earnings after hours, with Marvell showing strong performance, contributing to a positive sentiment across software stocks. Analysts noted that Salesforce's stock has historically shown volatility around earnings reports, which continues to be evident in this instance.








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