CRM Up 7%: FYQ1 Beats; Q2, Year Views Tops Estimates
Posted on May 17, 2012 at 17:02 PM EDT
Shares of Salesforce.com (CRM) are up $10.09, or 7.5%, at $143.89, in late trading after the company reported fiscal Q1 revenue and profit that topped analysts’ expectations, and also offered a better-than-expected Q2 and year view. Revenue in the three months ended in April rose 38%, year over year, to $695 million, yielding EPS of [...]