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Salesforce Raises Full-Year Revenue Forecast Again


Ron Burgundy
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Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco(Reuters) - Salesforce.com Inc reported better-than-expected quarterly revenue and profit, helped by an increase in demand for its Web-based sales and marketing software, and raised its revenue forecast for the full year for the third time. The company's shares rose about 4 percent in extended trading after the world's biggest maker of online sales software also forecast current-quarter revenue and adjusted profit above the average analyst estimates. "... We'll go from being the sixth largest software company in the world to the fourth largest next year," Chief Executive Marc Benioff said on a conference call, adding that the company would only lag Microsoft Corp , Oracle Corp and SAP .




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