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31.08.2016 22:10:16

Salesforce.com Inc Reports 33% Rise In Q2 Profit

(RTTNews) - Salesforce.com Inc (CRM) revealed earnings for its second quarter that rose compared to the same period last year.

The company said its bottom line totaled $170.43 million, or $0.24 per share. This was higher than $128.26 million, or $0.19 per share, in last year's second quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.2% to $2.04 billion. This was up from $1.63 billion last year.

Salesforce.com Inc earnings at a glance:

-Earnings (Q2): $170.43 Mln. vs. $128.26 Mln. last year. -Earnings Growth (Y-o-Y): 32.9% -EPS (Q2): $0.24 vs. $0.19 last year. -EPS Growth (Y-o-Y): 26.3% -Analysts Estimate: $0.22 -Revenue (Q2): $2.04 Bln vs. $1.63 Bln last year. -Revenue Change (Y-o-Y): 25.2%

-Guidance: Next quarter EPS guidance: $0.20 - $0.21 Next quarter revenue guidance: $2.11 - $2.12 Bln Full year EPS guidance: $0.93 - $0.95 Full year revenue guidance: $8.275 - $8.325 Bln

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