Salesforce.com Q1 Earnings, Q2 Outlook Beat Estimates

By | May 20, 2014

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The cloud continues to be good business for Salesforce.com. The maker of business software late Tuesday reported better-than-expected Q1 results, as more companies adopt software delivered via the cloud. The company’s revenue outlook for Q2 also beat Wall Street views, and it raised its EPS and revenue forecast for the year. Salesforce.com (CRM) stock was up nearly 1% in after-hours trading after the company released its results. Its stock fell a Scalper1 News

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