03 Mar Salesforce.com sees record revenues
Salesforce.com reaches record quarterly revenues of $290 million despite the recession, and marks more than $1 billion in revenue for the entire year, according to financial results for its fiscal fourth quarter ended Jan. 31. The cloud computing CRM specialist posted net profits of $13.75 million for its fourth quarter and revenues of $1.077 billion for the full fiscal year.
Bucking the trend of falling revenues from many in the technology sector, cloud computing powerhouse Salesforce.com saw a 34 percent jump in revenue to $290 million for its fiscal fourth quarter, which ended Jan. 31.
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