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More on Salesforce.com's FQ4: Though EPS guidance is light, the company expects FQ1 revenue of...

More on Salesforce.com's FQ4: Though EPS guidance is light, the company expects FQ1 revenue of $673M-$678M and 2012 revenue of $2.92B-$2.95B, above estimates of $663.1M and $2.91B. Deferred revenue reached $1.38B, +48% Y/Y and soothing concerns about slowing growth. Unbilled deferred revenue +47% to $2.2B. Sales & marketing expenses +40% to $327.6M. Free cash flow was $195.7M, well above net income of $61.6M. CRM +8.1% AH. (PR)
Comments (2)
  • Doyle3000
    , contributor
    Comments (1224) | Send Message
     
    can you say short squeeze? yet again GAAP means nothing for CRM and they'll continue to sell dollar bills for $0.97 and the world will say "Oh look at how beautiful the Emporor's new clothes are!!"
    23 Feb 2012, 05:38 PM Reply Like
  • robche
    , contributor
    Comments (7) | Send Message
     
    I thought the big news was the largest deal of the quarter with Hewlett-Packard (35,000 seats) because Salesforce had been trying for nearly two years to close the transaction.
    24 Feb 2012, 05:10 AM Reply Like
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