Zwakke economie deert Salesforce.com nog niet

Wat tegenstrijdige berichtgeving over Salesforce.com. AG meldt dat Salesforce.com de economische recessie goed doorstaat, alsof dat effect al merkbaar zou zijn. Begrijp me niet verkeerd, ik hoop voor ons allemaal dat het overwaait, maar deze voorbarige conclusies zijn ook niet echt nieuws.

Anyway, AG meldt:

… Salesforce.com lijkt de economische recessie tot nu toe goed te doorstaan. De Amerikaanse online-aanbieder van software voor klantenrelatiebeheer (CRM) wist de omzet in het derde kwartaal van zijn gebroken boekjaar met 43 procent op te vijzelen naar 276 miljoen dollar. ….

Source: Zwakke economie deert Salesforce.com nog niet

Dit terwijl de analisten zich juist erge zorgen maken over het instorten van de operating cashflow :

… Salesforce.com Inc. shares declined Friday after the Web-based software provider's fiscal fourth-quarter outlook essentially met Wall Street expectations, but some analysts expressed concerns about a drop in its third-quarter cash flow and increasing competition.

Salesforce's stock fell 51 cents, or 2.2 percent, to $22.32, and hit a 52-week low of $20.82 earlier in the session.

Late Thursday, the company said its fiscal third-quarter profit jumped 55 percent on an increase in customers and forecast fiscal fourth-quarter earnings of 6 cents to 7 cents per share on $284 million to $285 million in revenue.

Analysts polled by Thomson Reuters expect a profit of 7 cents per share on $289.4 million in sales.

Salesforce also said its operating cash flow for the quarter totaled $17.1 million, which compares with $52 million in the year-ago quarter. The company said a change in its invoicing seasonality, strength in the dollar, an increase in prepaid expenses related mostly to payments for some Dreamforce vendors and a tax expense led to the drop.

In a client note, Piper Jaffray analyst Mark Murphy called Salesforce's third-quarter results "a mixed bag" since revenue and earnings-per-share beat expectations and billings met expectations, but the company's cash flow missed his expectation for $63 million. …

Source: MSN Money