Salesforce earnings high estimates, however forecast disappoints
Salesforce.com Inc. earnings topped Wall Avenue estimates in a Tuesday report, however the cloud-software firm’s outlook got here in shy of consensus views.
The client-relationship-management software program firm reported a fiscal third-quarter lack of $109 million, or 12 cents a share, in contrast with web earnings of $105 million, or 13 cents a share, within the year-ago interval. Adjusted earnings had been 75 cents a share. Income rose to $4.51 billion from $3.39 billion within the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 67 cents a share on income of $4.45 billion.
For the fourth quarter,…