19 Nov 2009
Salesforce has announced positive financial results for its third quarter, showing a year-on-year doubling of earnings to just over $330m (£198).
The software-as-a-service firm announced a profit of $20.7m (£12.4m), or 16 cents per share, a significant increase from the $10.1m (£6m), or eight cents per share, a year earlier.
Revenue for the quarter ending 31 October reached $330.5m, a 20 per cent increase on the $276.5m reported last year.
"We are pleased to report record revenue, profit and customer additions in the third quarter," said Salesforce chief executive Marc Benioff in a statement.
"This gives us fantastic momentum as we head into Dreamforce, where we will announce our biggest product news of the year."
Benioff was referring to the release of Salesforce Chatter, which will be available to customers in 2010.
This year's Dreamforce conference was Salesforce's largest with 19,000 attendees.
Latest stories from Finance
Related videos
Related articles
Related jobs
Poll
Are you confident that the UK's IT infrastructure is secure from attack in the wake of the Flame malware revelations?
V3 examines the key strengths and weaknesses of Samsung's latest iPhone killer
Connect with V3.co.uk
Social networking is almost ubiquitous. This white paper examines the benefits and risks and it looks at the different ways companies can reconcile them
The importance of understanding your infrastructure
C# Developer - .Net Developer ( C#/ASP.Net ) - Warwick...
ITIL Service Desk Manager / Incident Manager required...
Client Facing Project Manager, Project Management, Managed...
Client Facing Project Manager, Project Management, IPT...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?