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24.02.2016 22:10:14

Salesforce.com Inc Profit Advances 40% In Q4

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

The company said its bottom line climbed to $129.66 million, or $0.19 per share. This was up from $92.78 million, or $0.14 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.7% to $1.81 billion. This was up from $1.44 billion last year.

Salesforce.com Inc earnings at a glance:

-Earnings (Q4): $129.66 Mln. vs. $92.78 Mln. last year. -Earnings Growth (Y-o-Y): 39.7% -EPS (Q4): $0.19 vs. $0.14 last year. -EPS Growth (Y-o-Y): 35.7% -Analysts Estimate: $0.19 -Revenue (Q4): $1.81 Bln vs. $1.44 Bln last year. -Revenue Change (Y-o-Y): 25.7%

-Guidance: Next quarter EPS guidance: $0.23 - $0.24 Next quarter revenue guidance: $1.885 - $1.895 Bln Full year EPS guidance: $0.99 - $1.01 Full year revenue guidance: $8.08 - $8.12 Bln

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