Salesforce.com continues rise
PrintClaims fastest expansion
Posted in IT Channel, 17th May 2007 14:10 GMT
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CRM provider Salesforce.com announced a 55 per cent sales boost today, bagging revenues of $162.4m for its record Q1 2008.
Salesforce beat its own predictions, and reiterated the full-year outlook for profit of $0.07 to $0.09 per share.
The software as a service outfit raised its full year revenue projections from between $710m and $720m to between $722m and $728m on the back of the numbers.
CEO Marc Benioff said: "We believe that this makes salesforce.com the fastest growing software company of our size today."
The firm's stated goal is to hit the $1bn revenue league.
Shares in the firm rose almost three per cent, according to reports. ®
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