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 Send to email | Salesforce.com (CRM) Q1 Beats Street, Raises Guidance in CRM |  By Silicon
el 21-May-2008 |
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 A good Q1 from Salesforce.com: Mark Benioff and company beat the Street on sales and earnings and raised full-year guidance. But that new guidance -- and its forecast for Q2 -- is pretty much in-line with what the Street was already looking for, so shares are only up 0.2% after-hours, to $62.80.
Salesforce (CRM) posted $248 million in Q1 sales, up 52% year-over-year and soundly beating the Street's $236 million consensus. EPS came in at 8 cents per share, beating the Street's 7 cents per share consensus by a penny.
For Q2, Salesforce expects revenue btween $258-259 million, above the Street's $251 million consensus, but expected EPS of 7 to 8 cents per share is below-to-in line with the Street's expected 8 cents per share.
For the full year, Salesforce bumped guidance to $1.06-1.065 billion of sales, a bit above the Street's $1.05 billion estimate, and EPS to 33-34 cents per share, below-to-in line with the Street's 34 cents per share projection.
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| Qualcomm Beats Expectations, Raises Guidance (QCOM) | | A strong Q1 for Qualcomm(QCOM): The company beat expectations for revenues and earnings, and raised guidance for the year. The street isn't overwhelmed, though, and the stock is down 2.6% in the aftermarket. We'll hazard a couple guesses as to why: QCOM gives out conservative guidance, and investors wanted much more than what they got; revenues are increasing faster than earnings; concern about [..] Read complete article | | Published 23-Apr-2008 by Silicon in QCOM
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| Akamai's Q1 In Line With Expectations; Raises Earnings Guidance | | Akamai had a strong Q1, and revenue and earnings came in right where the Street wanted them. The news got better during the company's earnings call: It insists it's seeing no signs of an economic slowdown and isn't having to lower prices to fight low-end competitors. It also raised earnings guidance for the year by 29% to 32%, and said revenue would come in at the mid-to-high range of previous [..] Read complete article | | Published 30-Apr-2008 by Silicon in General
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| Salesforce Ditching PC and Going Mac? |  We want to call shenanigans on this one, but crazier things have happened. Rumor has it that Salesforce.com is about to undertake a massive equipment overhaul to the tune of a new Mac for each of its 4,000+ employees. Unlikely as it may seem, a supposed email from a Salesforce employee states that Dell’s deal [...] [..] Read complete article | | Published 26-Apr-2008 by Zach Epstein in RumorsApple
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| Apple Fans Predict Blowout Quarter...But All That Matters Is Guidance | | A group of folks who ridicule Wall Street analysts for intentionally lowballing their Apple estimates so Apple can "surprise" on the upside have assembled their own consensus for Apple's Q4. Not surprisingly, the consensus calls for upside:
$8.4 billion of revenue vs. the Street consensus of $8.0 and Apple's guidance of $7.5.
EPS of $1.25 vs. the Street consensus of $1.11 [..] Read complete article | | Published 19-Oct-2008 by Silicon in General
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Summary: Amazon's Q1 was fine--just ahead of consensus on revenue, operating income, and EPS--but guidance for [..] 
HP (HPQ) officially unveiled its bid for tech services giant EDS (EDS) -- rumored yesterday afternoon -- and raised guidance.
HP will pay $25 per share, or an enterprise value of $13. [..] 
The Street thought RIM's Q1 was an easy beat-and-raise layup, but the BlackBerry maker (narrowly) missed both revenue and EPS estimates, and issued weak profit guidance for Q2. Share [..] 
