|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Salesforce.com Revenues for the Q2 2014 rose 31%, to $957 million.
Posted by: Henhill69 (IP Logged)
Date: August 30, 2013 11:40AM
Following is an Excerpt from the Transcript. Full view of Q2 2014 @ [www.earningsimpact.com]
I have really never been so excited about salesforce.com and everything that's going on with the company. And that's why I am so delighted to get on the call with everybody today. We're having an outstanding year of growth and I am absolutely delighted to share our second quarter results right now.
Revenue for the second quarter rose 31% from a year ago to $957 million, and in constant currency revenue grew even faster at 32%. No other software company, that is no other enterprise software company of our size, is growing faster. And deferred revenue rose by more than 30% year over year, finishing the quarter at nearly $1.8 billion, just outstanding.
Operating cash flow exceeded $180 million for the quarter, an increase of more than 30% year over year and the dollar value of booked business on and off the balance sheet now tops 5.6 billion, also up more than 30% year over year.
Stocks Discussed: CRM,