Aiming to be the first cloud computing company to hit a $4 billion annual run rate, Salesforce.com is on the right track as it beat Wall Street expectations for the third quarter.
The social enterprise giant reported a third quarter net loss of $220 million, or $1.55 per share (statement). Non-GAAP earnings were 33 cents a share on a revenue of $788 million, up 35 percent annually.
Wall Street was expecting Salesforce to report third-quarter earnings of 32 cents a share on revenue of $776.5 million.
But Salesforce seems interested in discussing future quarters, as CEO Marc … Read more