Salesforce.com Stock Down As Earnings Beat But Outlook Misses

▤ Summary

Salesforce.com stock fell after the market close Wednesday as the provider of customer-relationship management software reported quarterly results that beat estimates but gave an earnings outlook that fell short.X Salesforce.com ( CRM ) reported adjusted earnings of 71 cents a share, soundly beating analyst views for 47 cents.The midpoint was above analyst views for $3.35 billion.Subscription and support revenues were $3.06 billion, an increase of 28% year-over-year.Professional services and other revenues were $221 million, an increase of 14% year-over-year.

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