Salesforce.com quarterly revenue rises to $1.08 billion

Monday, 18 Nov 2013 | 4:21 PM ET

SAN FRANCISCO, Nov 18 (Reuters) - Salesforce.com Inc on Monday reported quarterly revenue of $1.08 billion, slightly topping analyst expectations of $1.06 billion.

Excluding certain items, the cloud-computing company earned 9 cents per share, in line with expectations of analysts, according to Thomson Reuters I/B/E/S.

Shares of the San Francisco-based company are trading near all-time highs as it, under Chief Executive Marc Benioff, has roughly quadrupled sales in four years. But Salesforce has spent heavily on acquiring new businesses, including a $2.5 billion deal for email marketing firm ExactTarget in June.

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