• Salesforce CRM +2.06% shares fell in late trading Wednesday, despite the company posting better-than- expected results for its fiscal first quarter ended April 30.
• Investors are disappointed that the cloud-based software provider did not boost its full-year revenue outlook despite the first-quarter beat.
• On the company’s post-earnings conference call, CEO Marc Benioff said “while the economy is not under our control, our margins are.”

Tagged: Economy