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26.08.2019 15:05:00

Salesforce.com Management Talks Revenue Targets, Customer 360, and More

Last week, salesforce.com (NYSE: CRM) pulled off another beat-and-raise quarter, reporting revenue and non-GAAP (adjusted) earnings per share well ahead of analysts' consensus forecasts and raising its full-year revenue outlook. The quarter highlighted strong growth across its cloud businesses as the software-as-a-service company capitalizes on the opportunity to help accelerate businesses' digital transformations.The headline figures were impressive: Salesforce saw 23% year-over-year growth in constant currency revenue and management revised its full-year outlook for revenue of up to $16.9 billion. Non-GAAP earnings per share of $0.66 easily beat analysts' estimate for $0.47. But for those who want to go beyond these key figures, useful insights can be gleaned from the fiscal second-quarter earnings call.Image source: Getty Images.Continue reading
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