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by Angsuman Chakraborty.
Original Post: Customer Relationship Software Provider SalesForce.Com Shares Skyrocket
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Shares of salesforce.com, which manages customer relationship data for corporations, jumped 19%, as the San Francisco-based firm beat consensus estimates across the board. This was despite reported profit loss of $145,000 for the second quarter.
Revenue rose 64% to $118 million, ahead of the Street’s estimate of roughly $114 million.
“The on-demand revolution that we have been [...]