Salesforce Earnings Top; Stock Back In Buy Range Late

By | May 20, 2015

Scalper1 News

Nearly four weeks after a report surfaced that the software company could be for sale, Salesforce.com (CRM) reported first-quarter earnings of 16 cents a share minus items, up 45% vs. 11 cents in the year-earlier period. Analysts polled by Thomson Reuters had expected 14 cents. That followed four straight quarters of accelerating profit growth, capped off with a 100% EPS gain in Q4 2014. Revenue climbed 23% to $1.51 billion vs. views of $1.50 Scalper1 News

Scalper1 News