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Salesforce.com Earnings Beat Estimates |
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Wednesday, 15 August 2007 |
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Salesforce.com reported on August 15 that it added a record number of customers and beat consensus estimates of total revenues and earnings per share during its fiscal 2008 second quarter.
As expected from preliminary reports, Salesforce.com added a number of enterprise customers to its bottom line—a goal for the company as it looks to pad its mainly small and midsized customer roster with more global, financially able enterprise customers. Marc Benioff, Salesforce.coms chairman and CEO, outlined the customer additions for the quarter in the companys earnings call: Two customers have more than 30,000 subscribers; four customers have 20,000 subscribers; five have more than 10,000 subscribers; and 68 customers have more than 1,000 subscribers—a 40 percent increase in the number of customers with 1,000 subscribers versus six months ago.
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