Shares of Salesforce.com dropped more than 4 percent Thursday after the company reported disappointing guidance for its current quarter.
Late Wednesday, the cloud tech company gave third-quarter earnings guidance in a range of 20 cents to 21 cents a share, compared to analysts’ expectations of 24 cents per share, according to FactSet.
Salesforce also said it expects third-quarter revenue to come in around $2.11 billion to $2.12 billion. Analysts were expecting $2.12 billion, according to FactSet.
