Salesforce.com (CRM): FQ2 EPS of $0.42 beats by $0.03. Revenue of $731.6M (+34% Y/Y) beats by...

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Fearful Optimism Comments (18)
 
At least report their GAAP guidance as well. This is just extremely misleading.
23 Aug 2012, 04:13 PM Reply Like

Michael Clark Comments (7800)
 
They want us only to see the bullish side. Patriotic and all.
24 Aug 2012, 12:19 AM Reply Like

TWagen Comments (128)
 
I agree. This companies books are a Ponzi and I would never buy their stock just because of their manner of reporting numbers. Wait until the first hiccup !
23 Aug 2012, 04:22 PM Reply Like

Joe Razorback Comments (271)
 
Joke of a company
23 Aug 2012, 04:23 PM Reply Like

ReligiousWacko Comments (134)
 
Benioff and Cramer will be pumping this scam tonight!
23 Aug 2012, 04:28 PM Reply Like

Theodor Trampe Comments (25)
 
"Q2 GAAP net loss per share was ($0.07), and non-GAAP diluted earnings per share was $0.42. The company's non-GAAP results exclude the effects of $85 million in stock-based compensation expense, $20 million in amortization of purchased intangibles, and $6 million in net non-cash interest expense related to the company's convertible senior notes."

Apparently expenses aren't expenses!
23 Aug 2012, 05:13 PM Reply Like

ReligiousWacko Comments (134)
 
Even if you use their fantasy numbers, the p/e is over 80! And top line growth is 40% ( which includes revenue from acquisitions ).
23 Aug 2012, 05:19 PM Reply Like

TruffelPig Comments (3248)
 
Wow, this stinks like rotten fish. Very creative accounting. Anyhow, looking at the Q/Q revenue growth I would be concerned - this is a momo stock and definitely there is some limping.
23 Aug 2012, 05:40 PM Reply Like

Ashraf Eassa Comments (5304)
 
This is actually a really, really solid short candidate. Will look into it...
23 Aug 2012, 07:34 PM Reply Like

jamesbwood Comments (305)
 
Yes it is
24 Aug 2012, 01:55 AM Reply Like

TWagen Comments (128)
 
Agree.
24 Aug 2012, 08:41 AM Reply Like