News: Revenue increased to $1.71bn in Q3.
Salesforce expects its revenue to top $8bn during fiscal year 2017, in line with its plans to reach $10bn faster than any other enterprise software company.
The company said its revenue increased 24% to $1.71bn in its fiscal third quarter ended 31 October 31, 2015.
Net loss narrowed to $25.2m, or $0.04 per share, from $38.9m, or $0.06 per share, a year earlier.
Subscription revenue increased 24% to $1.6bn and deferred revenue rose by 28% to $2.85bn.
For the fourth quarter, Salesforce projects a revenue range of $1.782bn to $1.792bn with earnings between $0.18 to $0.19 per share.
The company expects its revenue to be in the range of $6.64bn to $6.65bn for the full year of 2016.
Salesforce CFO Mark Hawkins said: "In Q3, we delivered strong top and bottom line growth, expanding non-GAAP operating margin by 221 basis points, which is our sixth consecutive quarter of year-over-year improvement."
Last week, Salesforce integrated two of its customer service platforms to deliver intelligent insights for sales and service teams of small and midsize business (SMB).
The integration of Desk.com and SalesforceIQ will enable SMBs to close more business and enhance customer satisfaction.