Salesforce.com, inc. said its normalized net income for the fiscal second quarter ended July 31 was a loss of 5 cents per share, compared with the S&P Capital IQ consensus estimate of 12 cents per share.
The per-share loss decreased 6.2% year over year from 6 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $32.9 million, compared with a loss of $35.5 million in the year-earlier period.
The normalized profit margin rose to negative 2.5% from negative 3.7% in the year-earlier period.
Total revenue climbed 37.8% on an annual basis to $1.32 billion from $957.1 million, and total operating expenses grew 35.6% on an annual basis to $1.35 billion from $997.0 million.
Reported net income came to a loss of $61.7 million, or a loss of 10 cents per share, compared with income of $75.0 million, or 12 cents per share, in the prior-year period.
