Salesforce.com Inc on Thursday reported better-than-expected quarterly sales of $835 million, backed by strong sales of its cloud-based services.Shares gained 4.9 percent after hours to $177.50, after closing up 1.4 percent at $169.22 on the New York Stock Exchange.The company, which provides sales and marketing software to companies like Coca-Cola and Ford Motor, has boasted one of the fastest rates of top-line growth in the technology industry, with its full-year revenue rising 35 percent from a year ago to $3.05 billion.For its 2014 fiscal year, which began Feb. 1, Salesforce said it expected sales to continue growing to between $3.82 and $3.87 billion, in-line with Wall Street forecasts of $3.85 billion, according to Thomson Reuters I/B/E/S.
Salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. Shares of CRM traded higher by 1.37% or $2.28/share to $169.22. In the past year, the shares have traded as low as $120.18 and as high as $178.91. On average, 1466590 shares of CRM exchange hands on a given day and today's volume is recorded at 3708047.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.89% or $0.27/share to $30.58. In the past year, the shares have traded as low as $26.20 and as high as $31.18. On average, 858073 shares of TRI exchange hands on a given day and today's volume is recorded at 1161191.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 1.68% or $0.52/share to $31.51. In the past year, the shares have traded as low as $26.65 and as high as $31.57. On average, 927824 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 863520.
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