salesforce.com (CRM) Tops Q1 EPS by 2c; Guides FY16 Revenue Above Consensus
salesforce.com (NYSE: CRM) reported Q1 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.5 billion.
"Salesforce has surpassed the $6 billion annual revenue run rate faster than any other enterprise software company, and our current outlook puts us on track to reach a $7 billion revenue run rate later this year," said Marc Benioff, Chairman and CEO, Salesforce. "Our goal is to be the fastest to reach $10 billion in annual revenue."
salesforce.com sees Q2 2016 EPS of $0.17 - $0.18, versus the consensus of $0.17. salesforce.com sees Q2 2016 revenue of $1.59 - $1.60 billion, versus the consensus of $1.59 billion.
salesforce.com sees FY2016 EPS of $0.69 - $0.71, versus the consensus of $0.69. salesforce.com sees FY2016 revenue of $6.52 - $6.55 billion, versus the consensus of $6.51 billion.
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