Salesforce Raises Forecast, Beats Estimate on New Products
This article is for subscribers only.
Salesforce.com Inc. raised its sales forecast for fiscal 2016 a third time as revenue rose for the company’s new products.
Shares gained as much as 4.3 percent in extended trading after Salesforce said revenue for the year through January will be $6.6 billion to $6.63 billion, compared with the previous outlook of $6.52 billion to $6.55 billion.