- Results – revenue $2.14B (+25.1% Y/Y, $20M above estimates), EPS $0.24 ($0.03 above estimates), deferred revenue $3.5B (+23% Y/Y), unbilled deferred revenue $8.6B (+28% Y/Y), cash generated from operations $154M (-5% Y/Y), cash, cash equivalents and marketable securities $1.75B
- Segment revenues – Subscription and support $1.98B (+24% Y/Y), Professional services and other $161M (+39% Y/Y)
- Q4 projections – revenue $2.267B-$2.277B (+25%-26% Y/Y) [consensus $2.24B], EPS $0.24-$0.25 (consensus $0.25), deferred revenue growth Y/Y 22%-23%
- FY 2017 projections – revenue $8.365B-$8.375B (+25%-26% Y/Y) [consensus $8.31B], EPS $0.97-$0.98 (consensus $0.95), operating cash flow growth Y/Y 20%-21%
- FY 2018 projections – revenue $10.1B-$10.15B (+21% Y/Y)
- Salesforce (NYSE:CRM) chairman and CEO Marc Benioff: "I'm delighted to announce that we expect to deliver our first $10 billion year during our fiscal year 2018, which puts us well on the path to reach $20 billion faster than any other enterprise software company."
- Prior quarters overview
- Quarterly summary deck
- Conference call
- Press release
Original article