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salesforce.com (CRM) Reports In-Line Q4 EPS; Guides Q1 EPS Below Views

February 25, 2015 4:06 PM

salesforce.com (NYSE: CRM) reported Q4 EPS of $0.14, in-line with the analyst estimate of $0.14. Revenue for the quarter came rose 26% to $1.44 billion versus the consensus estimate of $1.44 billion.

Deferred revenue on the balance sheet as of January 31, 2015 was $3.32 billion, an increase of 32% year-over-year, and 35% in constant currency. Unbilled deferred revenue, representing business that is contracted but unbilled and off balance sheet, ended the fourth quarter at approximately $5.7 billion, up 27% year-over-year.

"Salesforce delivered yet another year of exceptional growth, with revenue, deferred revenue and operating cash flow all growing more than 30%, while exceeding our expectations in non-GAAP operating margin improvement," said Marc Benioff, Chairman and CEO, Salesforce. "Salesforce reached $5 billion in annual revenue faster than any other enterprise software company and now it's our goal to be the fastest to reach $10 billion."

salesforce.com sees Q116 EPS of $0.13 - $0.14, versus the consensus of $0.15. salesforce.com sees Q116 revenue of $1.485 - $1.505 billion, versus the consensus of $1.50 billion.

salesforce.com sees FY2016 EPS of $0.67 - $0.69, versus the consensus of $0.69. salesforce.com sees FY2016 revenue of $6.475 - $6.52 billion, versus the consensus of $6.50 billion.

For earnings history and earnings-related data on salesforce.com (CRM) click here.

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