Salesforce.com demonstrates his multi- tasking abilities on Monday, not only through its vast portfolio of cloud platforms, but also to...
Salesforce.com demonstrates his multi-
tasking abilities on Monday, not only through its vast portfolio of cloud platforms,
but also to balance its annual Dreamforce exhibition, with third- quarter
earnings report.
CRM giant Reported a
net loss of just over $ 124 million, or 21 cents per share. Non - GAAP earnings
of nine cents per share on income of $1.08 billion, up 36 percent year -over-
year and Wall Street was expecting revenue of Salesforce publish nine cents per
share on revenue of $1.06 billion.
Despite the net loss
seem to throw off so investors as shares fell about three percent in after -
hours trading. Salesforce also admitted she received income that thanks to a
bump in the $ 2.5 billion purchase Exact Target, Which closed in July.
Subscription and
Support Revenues accounted for approximately $ 1 billion , up 36 percent over
the year , while professional services and other revenue amounted to $72
million, Which is a 50 percent year -over- year Increase.