Salesforce.com Inc. (CRM), said its revenue rose 24% in the latest quarter and raised its guidance for its current fiscal year.
The company's shares, which are up 30% this year, rose 3.8% to $80.27 in recent after-hours trading as per-share adjusted earnings and revenue beat expectations.
Excluding stock-based compensation and other items, per-share earnings were 21 cents, compared with a year-earlier per-share profit of 14 cents.
The company expected per-share profit, excluding items, of 18 cents to 19 cents.
For the year ending in January 2016, the company raised its adjusted per-share earnings estimate to 74 cents to 75 cents, from its previous estimate for per-share profit of 70 cents to 72 cents.
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