17-11-2016 22:10 via feedproxy.google.com

Salesforce soars on big earnings beat (CRM)

Salesforce reported its third quarter earnings on Thursday after the bell.
It's a classic beat-and-raise quarter and Salesforce's stock jumped by as much as 6% in after hours trading.
Here are the most important numbers:
EPS (non-GAAP): $0.24 per share vs. $0.21 per share expected by analysts
Revenue: $2.14 billion vs. $2.12 billion expected by analysts (up by 25% year-over-year)
The results should be viewed as a big positive as there were some concerns around
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