(Corrects to add dropped word “to” in paragraph 2)
Aug 29 (Reuters) - Salesforce.com Inc reported a 27 percent jump in quarterly revenue on Wednesday, as customers looking to rein in costs boosted demand for its flagship Sales Cloud business.
Net income rose to $299 million, or 39 cents per share, in the second quarter ended July 31, versus $46 million, or 6 cents per share, a year earlier.
GAAP diluted earnings per share also benefited by 18 cents related to the partial release of tax valuation allowance as a result of the MuleSoft acquisition, the company said. Total revenue rose to $3.28 billion from $2.58 billion. (Reporting by Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)