Salesforce scoffs at SaaSpocalypse fears with a crushing earnings beat

- Saaspocalypse: 3 events in the last 90 days
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What happened
Shares of Salesforce Inc. jumped more than 13% in late trading after the customer relationship management software provider delivered strong second-quarter earnings and revenue and issued guidance that exceeded Wall Street’s expectations. The company reported adjusted earnings of $5.90 per share, crushing the Street’s target of just $3.27 per share. Revenue rose 11% from the […] The post Salesforce scoffs at SaaSpoc…
Summary assembled by rule from the sources below