Salesforce delivered better-than-expected quarterly results, with earnings and revenue both exceeding forecasts.
However, the cloud software vendor tempered investor optimism by issuing full-year guidance that came in below Wall Street estimates.
The stock showed little movement in extended trading as the market digested the mixed signals.
The company's performance highlights the broader trend of corporate earnings outpacing expectations in the current economic climate.
This follows a series of strong reports from other tech firms, including Spotify and Lenovo, which have seen positive market reactions to their guidance and results.
However, Salesforce's cautious outlook underscores lingering concerns about the impact of artificial intelligence on traditional software models.