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Friday, August 24, 2012

Salesforce.com (CRM) reported earnings Thur 23 Aug 2012

** charts before earnings **
 ** weekly **

** charts after earnings **
Shares of Salesforce.com fell after hours as the business-software maker reported second-quarter deferred-revenue growth--a critical measure of performance for its subscription-based business model--was slower than the first quarter. Its fiscal second-quarter loss widened as it recorded an increase in operating costs and other expenses. Shares were off 5.6% to $138.50 after hours.

** next day **

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