Feb 28- Salesforce.com Inc reported a better-than-expected profit and revenue helped by strong demand for its cloud-based sales and marketing software services. The company’s net loss widened to $51.4 million, or 7 cents per share, in the fourth quarter…
(Adds shares, details, background)
Feb 28 (Reuters) – Salesforce.com Inc reported a better-than-expected profit and revenue helped by strong demand for its cloud-based sales and marketing software services.
Shares of the company were marginally down in extended trading on Tuesday.
The company has been focusing on acquisitions and partnerships to bolster its services and gain market share amid stiff competition from Microsoft Corp and Oracle Corp .
