In what’s becoming a quarterly event, salesforce.com (NYSE:CRM) reported yet another earnings beat. The cloud-based, customer-relationship-management provider beat on the bottom line by reporting $0.52 in adjusted earnings per share, a figure 13% higher than analyst estimates of $0.46. Salesforce also reported a top-line beat, as revenue of $3.01 billion topped analyst expectations by $70 million.
If you follow Salesforce on any level, another quarter of better-than-expected performance is quickly becoming a misnomer, because it is now expected. In fact, Salesforce has beaten revenue-growth....More>>>