Salesforce.com (CRM) might be having a problem with its sales team, Wedbush analyst Steve Koenig said in a May 13 research report, as the company prepares to post Q1 earnings after the close Wednesday. The leading provider of customer relationship management software has been working to boost revenue by expanding into such areas as marketing services and data analytics, where it competes with Oracle (ORCL), Tableau Software (DATA) and others. Two
Tableau Software (DATA) used a combination of new customer growth, increased sales to existing customers and offshore growth to soundly beat estimates for its first quarter earnings, released after the market close Thursday. The company also reported a revenue outlook for the current quarter that beat views and raised its revenue forecast for the year. Here is IBD’s report:. At least five investment banks raised their price targets on Tableau on
Tableau Software continues to cash in as the leader in the thriving data analytics market. Late Thursday, the enterprise software company reported first-quarter earnings and revenue that soundly beat analyst estimates. Tableau’s (DATA) sales outlook for the current quarter was also ahead of views, and it hiked its revenue guidance for the year. Tableau stock was up 8% in after-hours trading after the company issued its results. It