Your email has been successfully added to our mailing list.

×
-0.000757097791798136 -0.000504731861198638 -0.00208201892744469 0.00119873817034699 -0.00094637223974767 -0.00365930599369075 -0.00189337539432168 -0.00214511041009466
Stock impact report

Salesforce revenue forecast beats estimates, shares rise 7% [Reuters]

Salesforce, Inc. (CRM) 
Last salesforce, inc. earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Reuters
Salesforce revenue forecast beats estimates, shares rise 7% (Reuters) - Salesforce.com Inc ( CRM.N The company said it expects revenue of $4.44 billion to $4.45 billion for the current quarter, topping analysts’ expectations of $4.25 billion, according to IBES data from Refinitiv. Salesforce has spent billions of dollars on acquisitions in the last few years, adding companies such as Tableau and MuleSoft, as it tries to protect its market share in the face of stiff competition from Microsoft Corp ( MSFT.O ORCL.N Revenue from Sales Cloud, its flagship product for customer relationship management, rose 12.5% to $1.13 billion, accounting for about a third of its revenue. Total revenue surged 22% to $4 billion in the second quarter ended July 31, compared with analysts’ estimates of $3.95 billion, according to IBES data from Refinitiv. Net income fell to $91 million, or 11 cents per share, from $299 million, or 39 cents per share, a year earlier. Excluding items, it earned 66 cents per sh Show less Read more
Impact Snapshot
Event Time:
CRM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
CRM alerts

from News Quantified
Opt-in for
CRM alerts

from News Quantified