Total revenues should be $329m for the first quarter ending March 31, the company said, at the top end of management forecasts. License revenues will be around $127m, 13% up on the previous quarter, and exceeding management’s previous expectations.

The CRM vendor said net income will be $27m to $30m, up 500% on the year, with earnings per share of $0.05 to $0.06. The consensus Wall Street forecast was for $0.05 per share.

This article is based on material originally published by ComputerWire