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Salesforce just released Q2 financial results today, posting record revenue of $394 million, an increase of 25% on a year-over-year basis. Q2 GAAP diluted earnings per share decreased 35% year-over-year to $0.11, and non-GAAP diluted earnings per share was flat year-over-year at $0.29. Net Income came in at $14.7 million, down from $21.1 million in the same [...] [source: VentureBeat] Microsoft filed a lawsuit in federal court today alleging that Salesforce.com has violated several of its software patents. The lawsuit says that the sales application company has violated nine of Microsoft’s patents, including: a “method and system for mapping between logical data and physical data”, a “system and method for providing and displaying a web page [...] |
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