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Salesforce.com Inc. (CRM) Jumped To Over A 6-Month High On Q4 News

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Salesforce.com Inc. (CRM: Quote) reported fourth quarter non-GAAP EPS of $0.43 after the bell Thursday, up from $0.31 in the prior year period. The consensus estimate was for EPS of $0.40. First quarter non-GAAP EPS is expected to be between $0.33 and $0.34, compared to the consensus estimate of $0.36. Full year 2013 non-GAAP EPS is expected to be between $1.58 and $1.62, compared to the consensus estimate of $1.62.

Salesforce.com gapped open sharply higher Friday, but traded in a range for the bulk of the session. The stock closed up by 11.87 at $143.64 on the highest volume of the year. Salesforce.com broke out of nearly a 2-week range and set a 6 1/2 month high.

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by RTT Staff Writer

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