04:37 PM EST, 02/26/2025 (MT Newswires) -- Salesforce ( CRM ) late Wednesday reported fiscal fourth-quarter revenue that fell short of Wall Street's estimates, while the customer relationship management platform's earnings came in stronger than expected.

Revenue gained 8% year-over-year to $9.99 billion during the three months ended Jan. 31, but was shy of the $10.04 billion consensus compiled by FactSet. Adjusted earnings per share rose to $2.78 from $2.29, compared with the market's $2.61 view.

Shares were down 5.6% in after-hours trading.

Subscription and support revenue increased 8% to $9.45 billion, while professional services and other rose to $542 million from $539 million.

Salesforce ( CRM ) said it expects fiscal 2026 adjusted EPS of $11.09 to $11.17, which would mark an increase from $10.20 reported for the year ended in January but be lower than the consensus estimate of $11.20.

Revenue is seen growing 7% to 8% at $40.5 billion to $40.9 billion, a slowdown from 9% growth in fiscal 2025 and below market expectations of $41.37 billion for fiscal 2026.

For the current quarter, Salesforce ( CRM ) projects adjusted EPS of $2.53 to $2.55 on revenue between $9.71 billion and $9.76 billion, which would reflect 6% to 7% year-over-year growth. The Street is projecting $2.62 and $9.91 billion, respectively.