Salesforce.com Posts Q4 Revenue Of $835 Million, Outlook Solid

Posted on Mar 1 2013 - 11:45am by Editorial Staff

Salesforce

Salesforce.com has announced its earnings for fiscal fourth quarter and full fiscal year ended December 31, 2013. The company reported the quarterly revenue of $835 million, up 32% year-over-year while the full year revenue was $3.05 billion, up 35% year-over-year.

The company reported the fourth quarter GAAP net loss per share of ($0.14) while the non-GAAP diluted earnings per share were $0.51. For the full fiscal year 2013, GAAP net loss per share was ($1.92), and non-GAAP diluted earnings per share was $1.63.

“Salesforce.com had a spectacular finish to its fiscal year. We delivered more than $3 billion in revenue and constant currency revenue growth of 37%,” said Marc Benioff, Chairman and CEO, salesforce.com. “Salesforce.com continues to be the fastest growing top ten enterprise software company in the world.”

The company projected the outlook for the first quarter fiscal year 2014 to be in the range of $882 million to $887 million, an increase of 27% to 28% year-over-year while GAAP net loss per share is expected to be in the range of ($0.44) to ($0.42) and the diluted non-GAAP EPS is expected to be in the range of $0.40 to $0.42.

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