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What: Shares of customer relationship management, or CRM, software specialist ServiceSource
So what: Although ServiceSource's third-quarter loss widened, its new sales view for full-year 2011 -- $198-$199 million versus the consensus of $195.3 million -- is forcing analysts to up their growth estimates yet again. In fact, this is already the third time that management has raised its full-year revenue outlook since its March IPO.
Now what: ServiceSource's longer-term growth opportunities look pretty tasty as well. "With our recent expansion into new vertical markets, we estimate our target opportunity as greater than $250 billion," Chairman and CEO Mike Smerklo said. Of course, with established CRM gorillas like salesforce.com
Interested in more info on ServiceSource? Add it to your watchlist.
Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Motley Fool newsletter services have recommended buying shares of Salesforce. Motley Fool newsletter services have recommended shorting Salesforce. The Fool owns shares of Oracle. Try any of our Foolish newsletter services free for 30 days.