Salesforce.com Sounds Optimistic Note – WSJ

Salesforce.com Inc. expressed a sunny outlook for the year ahead despite growing anxiety over the technology industry’s near-term future.

The company, which supplies software that helps salespeople keep track of their customers, on Wednesday forecast between $8.08 billion and $8.12 billion in revenue for its current fiscal year, slightly above the $8.0 billion to $8.1 billion range it forecast in November.

These numbers suggest that things are going well for Salesforce, and they could boost the company’s shares in the short term. However, given current uncertainties in the market, “it is unclear how long it lasts,” he said.

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Source: www.wsj.com

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