salesforce.com, inc. CRM reports earnings this afternoon, and is expected to hold a conference call at 5:00pm ET to cover its Q1 2016 results. Below is a live blog of the event.
04:43:14pm: Despite the rumors of a buyout, SAP SE (ADR) SAP CEO Bill McDermott does not think that any company will be interested in acquiring Salesforce.
04:37:41pm: According to the official release, "Based on CRM software spending total software revenue in 2014, Salesforce achieved greater total revenue, revenue growth and market share growth than any other top 10 CRM vendor."
04:35:28pm: Gartner named Salesforce the number-one CRM software provider for the third consecutive year.
04:06:17pm: Salesforce.com Sees Q2 Sales $1.59B-$1.6B vs $1.59B Est.; Raises FY16 Sales Guidance to $6.52B-$6.55B vs $6.51B Est.
04:05:05pm: Salesforce.com Reports Q1 EPS $0.16 vs $0.14 Est., Sales $1.51B vs $1.5B Est.
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