Salesforce Beats But Analysts Antsy For More Earnings

By | February 28, 2014

Scalper1 News

Salesforce.com (CRM) stock fell Friday as at least one analyst called for the company to start making more money, though the company’s Q4 earnings and sales beat Wall Street expectations. “While we believe the product is solid and the market is large, we are concerned that management’s focus on top-line growth to the detriment of profitability is not going to end well,” Peter Goldmacher, an analyst for Cowen and Co., wrote in a research note Scalper1 News

Scalper1 News