+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Salesforce.com Beats The Street For The Quarter And Year, Raises Guidance By $100 Million

Feb 28, 2014, 03:23 IST

DellSalesforce.com CEO Marc Benioff

Salesforce.com delivered a solid beat-the-street quarter, healthy year-end growth and then said it expects revenue for its next fiscal year to be $100 million more than it originally expected.

Advertisement

Salesforce.com delivered $1.15 billion in revenue and 7 cents EPS for its fourth quarter. Analysts expected $1.129 billion in revenue and 6 cents non-GAAP EPS. So that's a beat all the way around.

It's Q4 GAAP EPS was a - 19 cents per share loss.

For the full year, the company delivered revenue of $4.07 billion, non-GAAP EPS of 35 cents with a GAAP loss of 39 cents per share. Analysts were expecting $4.06 billion in revenue and 34 cents EPS.

CEO Marc Benioff offered more good news. The company is raising guidance for its next fiscal year by $100 million, to $5.3 billion, he said.

Advertisement

First quarter guidance is now a range of $1.205 billion to $1.210 billion.

Here's the summary from press release:

- Raises FY15 Revenue Guidance to $5.25 - $5.30 Billion, up 29% - 30% Year-Over-Year
- Quarterly Revenue of $1.15 Billion, up 37% Year-Over-Year
- Full Year Revenue of $4.07 Billion, up 33% Year-Over-Year
- Deferred Revenue of $2.52 Billion, up 35% Year-Over-Year
- Unbilled Deferred Revenue of Approximately $4.50 Billion, up 29% Year-Over-Year
- Full Year Operating Cash Flow of $875 Million, up 19% Year-Over-Year
- Initiates First Quarter Revenue Guide of $1.205 - $1.210 Billion
- Initiates FY15 Non-GAAP EPS Guidance of $0.48 - $0.50
- CFO to Retire in March 2015

Next Article