salesforce.com (CRM) reported first quarter non-GAAP net income of $0.37 per share after the bell Thursday, up from $0.28 per share in the prior year period. The consensus estimate was for EPS of $0.34. The company expects to report second quarter non-GAAP EPS of $0.38 to $0.39 and between $1.60 and $1.63 for the full year 2013. The consensus estimates are for EPS of $0.38 and $1.61.
salesforce.com has gapped open sharply higher Friday morning and is now up 12.86 at $146.66. The stock has broken out to over a one-week high and is approaching its 50-day moving average.
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