21.11.2017 22:19:02

Salesforce.com Inc Q3 Income Advances 66%

(RTTNews) - Salesforce.com Inc (CRM) released earnings for its third quarter that increased from last year.

The company said its bottom line rose to $284.39 million, or $0.39 per share. This was higher than $170.94 million, or $0.24 per share, in last year's third quarter.

Analysts had expected the company to earn $0.37 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 $2.68 billion. This was up from $2.14 billion last year.

Salesforce.com Inc earnings at a glance:

-Earnings (Q3): $284.39 Mln. vs. $170.94 Mln. last year. -Earnings Growth (Y-o-Y): 66.4% -EPS (Q3): $0.39 vs. $0.24 last year. -EPS Growth (Y-o-Y): 62.5% -Analysts Estimate: $0.37 -Revenue (Q3): $2.68 Bln vs. $2.14 Bln last year. -Revenue Change (Y-o-Y): 25.2%

-Guidance: Next quarter EPS guidance: $0.32 - $0.33 Full year EPS guidance: $1.32 - $1.33

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