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Stock Market & Financial Investment News

News Breaks
November 20, 2012
18:28 EDTCRMSalesforce.com sees reported Q4 deferred revenue lower than recent quarters
On the company Q3 conference call the company CFO said: "Q4 will be the anniversary of both the multi-year invoice and the annual invoicing policy change. And while the shift to annual billing will continue, we expect the incremental benefit to deferred revenue will be lower than it was in Q4 last year. So while we expect our underlying constant currency deferred revenue growth rate in the fourth quarter to be consistent with recent quarters -- that's in the low 30% range -- because of the anniversary of those two invoicing factors, we expect reported Q4 deferred revenue to be lower than in recent quarters." This information was taken from a transcript of the company's Q3 earnings call.
News For CRM From The Last 14 Days
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January 29, 2015
07:42 EDTCRMServiceNow price target raised to $85 from $72 at Canaccord
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January 23, 2015
10:02 EDTCRMOn the Fly: Analyst Initiation Summary
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January 22, 2015
16:27 EDTCRMSalesforce.com initiated with an Outperform at Cowen
Target $73.
January 20, 2015
07:15 EDTCRMSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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