Salesforce.com (CRM): FQ1 EPS of $0.37 beats by $0.03. Revenue of $695.5M (+38% Y/Y) beats by $17.3M. Expects FQ2 revenue of $724M-$728M and EPS of $0.38-$0.39, largely above consensus of $713.8M and $0.38. Expects FY13 revenue of $2.97B-$3B and EPS of $1.60-$1.63 vs. consensus of $2.95B and $1.6.
Salesforce.com's FQ1: Deferred revenue was $1.33B, down 4% Q/Q (affected by seasonality) but up 46% Y/Y. Unbilled deferred revenue +23% Q/Q to $2.7B. Free cash flow was $168.5M, up 50% Y/Y. Sales/marketing expenses continue to surge, +45% Y/Y to $369.8M (53% of revenue). R&D expenses +45% to $94.8M (14% of revenue). CRM now +6.1% AH
Salesforce.com's FQ1: Deferred revenue was $1.33B, down 4% Q/Q (affected by seasonality) but up 46% Y/Y. Unbilled deferred revenue +23% Q/Q to $2.7B. Free cash flow was $168.5M, up 50% Y/Y. Sales/marketing expenses continue to surge, +45% Y/Y to $369.8M (53% of revenue). R&D expenses +45% to $94.8M (14% of revenue). CRM now +6.1% AH
AH Stocks News
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
