Salesforce Posts ‘Spectacular’ 2016 Q4 and FYE Results

Last week Salesforce.com (NYSE: CRM), a customer relationship management technology company, announced its fiscal 2016 fourth quarter and full year financials for the fiscal year ended January 31, 2016. Since then, Wall Street and the media have been abuzz with the SaaS company’s stellar results. Here are a few highlights: Quarterly revenue of $1.81 billion, a 25% increase year-over-year. Subscriptions and support account for $1.68 billion of total quarterly revenue…

Salesforce Posts ‘Spectacular’ 2016 Q4 and FYE Results Read More »