salesforce.com, Inc. (CRM) Tops Q1 EPS by 1c; Guides Q2, FY15
salesforce.com, Inc. (NYSE: CRM) reported Q1 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.21 billion.
"Salesforce.com had a strong start to its fiscal year. We delivered 37% year-over-year growth in revenue, and 67% year-over-year growth in operating cash flow in the first quarter," said Marc Benioff, Chairman and CEO, salesforce.com. "Salesforce.com continues to be the #1 CRM platform, and is the fastest growing top ten software company in the world."
Selected Off-Balance Sheet Account | ||||
April 30, 2014 | January 31, 2014 | |||
Unbilled Deferred Revenue, a non-GAAP measure | $ 4.8bn | $ 4.5bn | ||
Unbilled deferred revenue represents future billings under our non-cancelable subscription agreements that have not been invoiced and, accordingly, are not recorded in deferred revenue. | ||||
salesforce.com sees Q2 2015 EPS of $0.11 - $0.12, versus the consensus of $0.12. The company sees Q2 2015 revenue of $1.285 - $1.290 billion, versus the consensus of $1.27 billion.
salesforce.com sees FY2015 EPS of $0.49 - $0.51, versus the consensus of $0.5. The company sees FY2015 revenue of $5.30 - $5.34 billion, versus the consensus of $5.29 billion.
For earnings history and earnings-related data on Salesforce.com, Inc. (CRM) click here.