Business Cloud

Salesforce 4Q Revenues Up 32% With $3.05B For The Fiscal Year

As reported on TechCrunch.

by ALEX WILLIAMS

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Salesforce.com has announced its fourth-quarter earnings with revenues of $835 million, up 32%, compared to last year. Non-GAAP earnings per share were 51 cents. Financial analysts had expected revenues ranging from $825 million to $830 million. EPS was estimated to come in at 40 cents.

For the full fiscal year 2013, the company reported revenue of $3.05 billion, an increase of 35% from the prior year.

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Salesforce.com is reporting that revenue for the company’s first fiscal quarter is projected to range between $882 million to $887 million, an increase of 27% to 28% year-over-year. Revenue for the company’s full fiscal year 2014 is projected to be in the range of $3.82 billion to $3.87 billion, an increase of 25% to 27% year-over-year.

For the company’s full fiscal year 2014, non-GAAP EPS is expected to be in the range of $1.93 to $1.97.

(More about the Salesforce.com earnings to come as information becomes available.)