Salesforce delivers strong fourth quarter, outlook

The enterprise cloud-computing company has reported fourth-quarter and fiscal year 2010 results

Salesforce.com has reported fourth-quarter and fiscal year 2010 results.

For the quarter, the company said fourth-quarter profit was up 48 percent, coming in at $20.4m (£13.3m), up from $13.8m for the same quarter a year ago. Gaap earnings per share were up 41 percent, growing to 16 cents, compared to 11 cents a year ago. Revenue was $354m, up 22 percent.

For the fiscal year, EPS (earnings per share) was 63 cents, up 82 percent from a year ago, on revenue of $1.31bn, a 21 percent jump from a year earlier.

For more on this story, see Salesforce earnings: Strong fourth quarter, outlook on ZDNet.com.