Salesforce (CRM) and Keurig Green Mountain (GMCR) released their latest earnings reports after closing bell tonight. Salesforce posted adjusted earnings of 21 cents per share and $1.71 billion in revenue, a 24% increase from last year. Analysts had been expecting earnings of 19 cents per share and revenue of $1.7 billion for the third quarter of fiscal 2016.

Keurig Green Mountain reported earnings of 85 cents per share on revenue of $1.04 billion. Analysts had been expecting earnings of 71 cents per share and $1.03 billion in revenue for the fourth quarter of fiscal 2015.

Salesforce posts a loss

Salesforce posted a GAAP loss of 4 cents per share. Subscription and support revenues increased 24% to $1.6 billion, while professional services and other revenues rose 22% to $116 million. The firm had $2.85 billion in deferred revenue on its balance sheet, a 28% increase from last year and a 30% increase in constant currency. Unbilled deferred revenue increased 24% to $6.7 billion.

For the fourth quarter, Salesforce expects revenue to be between $1.782 billion and $1.792 billion, which would represent a 23% to 24% increase year over year. The company expects a GAAP loss of 9 cents to 8 cents per share and non-GAAP earnings of 18 cents to 19 cents per share.

For the full year, Salesforce projects revenue of between $6.64 billion and $6.65 billion and GAAP losses of between 12 cents and 11 cents per share. The firm expects non-GAAP earnings of 74 cents to 75 cents per share.

Shares of Salesforce climbed by as much as 3.89% to $80.40 per share in after-hours trades tonight.

Keurig Green Mountain surges after earnings

Keurig Green Mountain posted GAAP earnings of 61 cents per share for the quarter. A 4% decline in equivalent servings volume and a 6% decline due to product mix drove the decline in pod sales, which fell to $861 million. Sales of brewers and accessories tumbled to $123.6 million as the company sold 1.9 million hot system brewers. A 20% decline in volume and a 10% decline due to product mix drove the sales decline on brewers.

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