Earnings Grow at Salesforce
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Salesforce.com (CRM:NYSE - commentary - research), a provider of Internet-based customer relationship management software, posted its first quarterly profit as a public company after the bell Thursday.
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BusinessWeek Online - Salesforce.com's  shares gained on Dec. 12, after the software services provider hiked its forecasts on sales for 2008.
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Oracle reported second-quarter 2005 earnings that beat analyst expectations today, thanks to new software revenue and continued gains from license updates and product support.
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Net income for the second quarter climbed on solid sales of smaller, fuel-efficient vehicles and cost-cutting efforts.
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The companyâs performance shows that it is making progress in its shift toward selling higher-margin software.
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Net income in the fiscal first-quarter rose to $509 million, from $440 million a year earlier, while revenue rose seven percent to $2.
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Software sales lead the show SAP shares were up more than four per cent yesterday as the software company released prelimary figures showing a 10 per cent growth in revenues.â¦
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Company is upgrading current support and service program to draw more mainframe customers.
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NOVEMBER 03, 2004  - On-demand CRM software provider Salesforce.com Inc. is branching out to offer hosted application development technology and online marketplace services to supplement its own software services.
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Investors are wowed by the firmâs first quarterly earnings report since it became a publicly-owned company, which showed sales and profit more than doubled in the third quarter.
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Net income rose to $496.7 million and the health insurer raised its full-year forecast as membership increased.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Latest figures from Salesforce.com show strong revenue growth, as the company drops hints about its biggest-ever customer.
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Robust software sales pushed Oracle&#39;s second-quarter net income up 35 percent compared to the same period last year, to $1.3 billion, or $0.25 per share, the company said Wednesday.
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H.P.âs first-quarter net income grew 38 percent to $2.1 billion, as revenue climbed 13 percent to $28.5 billion, beating the muted expectations of Wall Street analysts.
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Starbucks Earnings Growth Caffeinated
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Salesforce.com definitely knows how to sell its solutions.