Investing.com - Salesforce.com (NYSE:CRM) reported fourth quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $0.7 on revenue of $3.6B. Analysts polled by Investing.com expected EPS of $0.55 on revenue of $3.56B. That compared to EPS of $0.35 on revenue of $2.85B in the same period a year earlier. The company had reported EPS of $0.61 on revenue of $3.39B in the previous quarter.
Salesforce.com shares lost 0.98% to trade at $156.99 in after-hours trade following the report.
Salesforce.com shares lost 0.98% to trade at $156.99 in after-hours trade following the report.
For the year, Salesforce.com shares are up 15.76%, outperforming the S&P 500 which is up 12.77% year to date.
Salesforce.com follows other major Technology sector earnings this month
On Monday, February 4, 2019, Alphabet A reported fourth quarter EPS of $12.77 on revenue of $39.28B, compared to forecasts of EPS of $10.88 on revenue of $38.91B.
Alphabet C earnings beat analyst's expectations on Monday, February 4, 2019, with fourth quarter EPS of $12.77 on revenue of $39.28B. Investing.com analysts expected EPS of $10.82 on revenue of $38.91B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar