Salesforce Projects Revenue That Tops Estimates
Bloomberg Technology video published Feb 28, 2018: Bloomberg's Cory Johnson discusses Salesforce's earnings on "Bloomberg Technology."
Salesforce.com, Inc. (
NYSE: CRM):

UPDATE:
NYSE: CRM Feb 28, 5:35 PM EST 116.25USD Price decrease -0.22 (0.19%)
After-hours: 118.10 Price increase
+1.59%
Salesforce.com, Inc. - Investor Relations--
Salesforce's Fourth Quarter and Full Year Fiscal 2018 Results--Salesforce Announces Record Fourth Quarter and Full Year Fiscal 2018 Results Feb 28, 2018,
Highlights:
Raises FY19 Revenue Guidance by $150 Million to $12.60 Billion to $12.65 Billion
- Fourth Quarter Revenue of $2.85 Billion, up 24% Year-Over-Year, 21% in Constant Currency
- Full Year Revenue of $10.48 Billion, up 25% Year-Over-Year, 24% in Constant Currency
- Deferred Revenue of $7.09 Billion, up 28% Year-Over-Year, 25% in Constant Currency
- Unbilled Deferred Revenue of Approximately $13.3 Billion, up 48% Year-Over-Year
- Fourth Quarter Operating Cash Flow of $1.05 Billion, up 49% Year-Over-Year
- Full Year Operating Cash Flow of $2.74 Billion, up 27% Year-Over-Year
LIVE Webcast Replay Feb 28, 2018 5:00 PM ET
For those who prefer to dial-in:
Domestic 866-901-SFDC (7332)
International 706-902-1764
Passcode: 9190744
Replay available until March 30, 2018:
(855) 859-2056 or (404) 537-3406
Passcode: 9190744"
Salesforce.com (NYSE:CRM) Q4 EPS of $0.35 beats by $0.01. Revenue of $2.85B (+24.5% Y/Y) beats by $40M--more at
SeekingAlpha.com.
Salesforce.com Reports Earnings On Wednesday Above The Cloud With An Elevated P/E Ratio - Salesforce.com, Inc. (NYSE:CRM) | SeekingAlpha.com:
"Fundamentally, the P/E ratio is elevated with the 2017 actual of 434.62 according to Nasdaq.com. Technically, Salesforce is a pure momentum stock. It’s above a ‘golden cross’ on its daily chart and is overbought on its weekly chart."
Digital Transformation Drives Future Revenue Growth: The Isobar Digital Strength Index - Salesforce Blog | salesforce.com: "In short, companies that
invest more in digital transformation actually outperform their peers over time. Those companies are more prepared for disruption, better able to monetize new digital channels, and build a bigger user base.
This phenomenon exists regardless of industry. Interestingly, it tends to be somewhat stronger in laggard industries."
See also on
Domain Mondo: News Review | ICANN WHOIS & EU GDPR: Points of View (Salesforce video).
What is a CRM?
Salesforce video above published Aug 14, 2017:
This is a simple definition of CRM: Customer relationship management (CRM) is a technology for managing all your company’s relationships and interactions with customers and potential customers. The goal is simple: Improve business relationships. A CRM system helps companies stay connected to customers, streamline processes, and improve profitability.
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