Salesforce (CRM) earnings Q2 2023

Salesforce reported earnings and revenue that topped analysts’ estimates but gave a disappointing forecast for fiscal 2023. The stock slid in extended trading on Wednesday.

The company said its board approved a $10 billion stock buyback program, the first ever for Salesforce.

Here’s how the company did:

• Earnings: $1.19 per share, adjusted, vs. $1.02 per share as expected by analysts, according to Refinitiv.
• Revenue: $7.72 billion, vs. $7.69 billion as expected by analysts, according to Refinitiv.

Revenue rose 22% from a year earlier in the quarter, which ended…