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More on Salesforce.com's FQ3: Deferred revenue (a closely-watched figure) was $918M, up 38% Y/Y...

More on Salesforce.com's FQ3: Deferred revenue (a closely-watched figure) was $918M, up 38% Y/Y but down 2% Q/Q. Free cash flow was $94M, up 77% Y/Y.  Company expects FY13 revenue of $2.88B-$2.92B, above $2.79B consensus. Says it will provide FY13 EPS guidance in February. CRM -10.4% AH. (PR)
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Comments (1)
  • Josh Krause
    , contributor
    Comments (1361) | Send Message
     
    If Deferred Revenue continues to decline so good bye to this high flyer.

     

    It's already not making any money on a GAAP basis and Deferred Revenue gives the best idea of future performance since the operate on a Subscription model.

     

    Any reduction in deferred revenue will eventually translate into a reduction in future revenues.
    17 Nov 2011, 06:58 PM Reply Like
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