Salesforce Stock Pops As ‘Visibility Strong’ After Q3

By | November 19, 2015

Scalper1 News

Salesforce.com (CRM) stock popped as much as 7% to a record high Thursday, the morning after the pioneer in software-as-a-service reported its fiscal Q3 EPS ex items jumped 50% to 21 cents a share on revenue of $1.71 billion, up 24%. Not unusual for Salesforce, both metrics — and its sales guidance — beat Wall Street estimates, but the Q3 growth rates came after some tough comparisons . A year earlier, Q3 earnings rose 56% and sales 29%. And the Scalper1 News

Scalper1 News