BTIG Boosts PT on salesforce (CRM) to $100; Q1 Boosted by Strong Cloud Results
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Salesforce Announces Fiscal 2017 First Quarter Results
May 18, 2016 4:05 PM EDTSAN FRANCISCO, May 18, 2016 /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, 2016.
"We're thrilled that first quarter revenue growth accelerated to 28% year-over-year in constant currency," said Marc Benioff, chairman and CEO, Salesforce. "Given the strong response to our Customer Success Platform, we are raising our fiscal 2017 revenue guidance by $80 million to reach $8.2 billion at the high end of the range."
"Operating... More
