King Benioff Posts 43% Revenue Jump In Q3

• Salesforce.com announced a 43 percent increase in third quarter revenues, beating Wall Street’s expectation
• The stock (CRM) rose 10.8 percent in after hours trading to $25.30, up over 5%
• Q3 revenues reached $276M for the period ending Oct. 31, fueled by growth in its subscription and support business.
• Wall Street expectations put estimated Salesforce.com to generate $273.5 million, according to Thomson Reuters.
• King Benioff must be pleased.

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