salesforce.com (CRM) PT Raised to $90 at Credit Suisse

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Salesforce Announces Fiscal 2016 First Quarter Results

May 20, 2015 4:05 PM EDT

SAN FRANCISCO, May 20, 2015 /PRNewswire/ -- Salesforce (NYSE: CRM), the Customer Success Platform and world's #1 CRM company, today announced results for its fiscal first quarter ended April 30, 2015.

"Salesforce has surpassed the $6 billion annual revenue run rate faster than any other enterprise software company, and our current outlook puts us on track to reach a $7 billion revenue run rate later this year," said Marc Benioff, Chairman and CEO, Salesforce. "Our goal is to be the fastest to reach $10 billion in annual... More