Salesforce beats second-quarter expectations — but its stock sinks up to 3% (CRM)

Salesforce.com Salesforce’s second quarter revenues were up 26% year-over-year Tuesday. The company hit $ 2.56 billion, beating analyst expectations of $ 2.51 billion.  The company reported:  Revenues — $ 2.56 billion. Analysts had forecast $ 2.51 billion. Earnings per share (adjusted) — $ 0.33 per share. Wall Street was expecting $ 0.32 a share. Subscription and […]

Ebay forecasts second-quarter profit below estimates

(Reuters) — Ecommerce company eBay on Wednesday forecast current-quarter profit largely below expectations, sending its shares down as much as 4.5 percent in extended trading. Ebay said it expects current-quarter adjusted profit of 43-45 cents per share. Analysts on average were expecting 47 cents per share, according to Thomson Reuters. The company said gross merchandise volume […]