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Salesforce.com Inc Earnings Climb In Q4

Salesforce.com Inc (CRM) revealed a profit for its fourth quarter that gained ground from last year.

The company said its bottom line rose to $263.26 million, or $0.35 per share. This was up from $196.33 million, or $0.28 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.5% to $2.85 billion. This was up from $2.29 billion last year.

Salesforce.com Inc earnings at a glance:

-Earnings (Q4): $263.26 Mln. vs. $196.33 Mln. last year.
-Earnings Growth (Y-o-Y): 34.1%
-EPS (Q4): $0.35 vs. $0.28 last year.
-EPS Growth (Y-o-Y): 25.0%
-Analysts Estimate: $0.34
-Revenue (Q4): $2.85 Bln vs. $2.29 Bln last year.
-Revenue Change (Y-o-Y): 24.5%

Next quarter EPS guidance: $0.43 to $0.44.
Next quarter revenue guidance: $2.925 - $2.935 Bln
Full year EPS guidance: $2.02 to $2.04
Full year revenue guidance: $12.6 - $12.65 Bln

by RTT Staff Writer

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