(Bloomberg) -- Salesforce Inc. tumbled the most in almost six months after the software company signaled it isn’t growing as fast as it used to while shifting its focus to generating higher profits.

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The shares slipped 4.7% to $212.90 at the close Thursday in New York, the steepest one-day decline since Dec. 5. Salesforce on Wednesday gave a lackluster outlook for future sales and maintained, rather than raised, its annual revenue forecast. The stock drop came despite the company reporting revenue, earnings and operating profit margin in the fiscal first quarter that topped analysts’ estimates.

Even with Thursday’s fall, the shares have rallied 61% this year, making it one of the best-performing stocks in the S&P 500.

After a tumultuous six months that included job cuts, executive departures, board director changes and public pressure from multiple activists investors, Salesforce had been winning back the faith of many shareholders. During its March 1 earnings report, the San Francisco-based company, the top maker of customer relations management software, signaled an emphasis on profit and announced market-pleasing steps, including doubling stock buybacks and disbanding its committee on mergers and acquisitions.

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But amid the new focus, some are debating “the company’s ability to dramatically expand operating margin without impacting its ability to grow,” Brad Zelnick, an analyst at Deutsche Bank, wrote ahead of earnings.

Salesforce said growth in current remaining performance obligations, or contracted sales, will slow to 10% in the current quarter ending in July, falling short of analysts’ average estimate of more than 11%. The company also repeated its earlier fiscal-year forecast that revenue would increase 10% to about $34.6 billion — by far its slowest rate of expansion on record.