Thursday, August 20, 2009

Salesforce.com Screams in After-Hours (CRM)

Salesforce.com Inc. (NYSE: CRM) winking up 2.5% a6 $46.18 in regular trading today.  But at 4:47 PM EST shares are up farther in after hours around $50.70, an additional gain of 9.79%, on more than 526,000 shares.  This traded over 3 meg shares in regular trading today and its average intensity is 1.95 meg shares.  CRM’s 52-week trading arrange is $20.82 to $66.99.

EARNINGS SUMMARY: $21.2 meg or $0.17 EPS, up from $10 meg or $0.08 EPS a year ago.  Revenues were $316.1 million, up from $263.1 meg a year ago.  Thomson Reuters figures were $0.15 EPS and $312.54 meg in revenues.  It also added 3,900 gain newborn customers to more than 63,000 at the end of the quarter.

GUIDANCE: revenues due $323 to $324 million, and GAAP EPS of $0.15 to $0.16 cents; estimates were about $318 meg and $0.15 EPS.  For Fiscal JAN-2010 income are due to be $1.27 1000000000 to $1.28 1000000000 and $0.60 to $0.61 EPS kinda than prior guidance of $1.25 to $1.27 1000000000 and $0.59 to $0.60 EPS.

JON C. OGG


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