Salesforce.com (CRM +6.6%) is now staring at big gains in response to its FQ3 report (I, II),...
Salesforce.com (CRM +6.6%) is now staring at big gains in response to its FQ3 report (I, II), and is also giving a lift to peers Workday (WDAY +1.9%) and NetSuite (N +2%). Though guidance wasn't impressive, Needham and others are satisfied with Salesforce's 31% Y/Y bookings growth, given macro and IT spending headwinds. Marc Benioff, never shy to brag, mentioned on the earnings call Heroku and Force.com now host over 2.8M apps, and that several big deals were signed for the new Marketing Cloud suite.
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