Salesforce Will Remain Up Today, And Here’s Why

Discussion in 'Stock Market Forum' started by PaulSchinider, May 21, 2014.

  1. PaulSchinider

    PaulSchinider Well-Known Member

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    Salesforce reported strong financial results for 1QFY14 and provided upbeat guidance. The stock is up 0.4% in pre-market trading


    Salesforce.com, Inc. (CRM), a leading provider of cloud computing solutions, reported financial results for the first quarter of its 2015 fiscal year (1QFY15; ended April 30, 2014) after the closing bell yesterday. The San Francisco-based company maintained its trend of beating consensus estimates for revenues and earnings, and topped it off by providing strong guidance for the ongoing quarter. The company also raised its revenue and earnings guidance for the entire FY15. Salesforce is up 0.4% in pre-market trading.



     
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