Seeking Alpha

More on Salesforce's FQ4: Deferred revenue balance +35% Y/Y to $1.86B, a little above rev....

More on Salesforce's FQ4: Deferred revenue balance +35% Y/Y to $1.86B, a little above rev. growth. Unbilled deferred revenue +59% to $3.5B (suggests major long-term deals were signed). Free cash flow +18% Y/Y to $231.5M, or $1.60/share. Americas revenue +34% Y/Y and 70% of total. Europe +37%, Asia-Pac +17%. Headcount +482 Q/Q to 9,801. Gross margin flat Y/Y at 78%. Sales/marketing spend +33% to $436M. Was +41% in FQ3 - slowdown contributed to EPS beat. R&D +50%, G&A +23%. CRM +4.9% AH. CC at 5PM ET (webcast). (PR)
Comments (6)
  • scott trader
    , contributor
    Comments (4618) | Send Message
     
    Company worth 25 billion with no profits...
    28 Feb 2013, 05:19 PM Reply Like
  • Zeus2012
    , contributor
    Comments (697) | Send Message
     
    Not as ridiculous as LNKD. CRM trades around 8.3 times trailing p/s whereas LNKD, a 18.3 billion market cap trades at around 18.9 trailing p/s. Internet bubble 2.0.
    28 Feb 2013, 06:14 PM Reply Like
  • brushyourteeth
    , contributor
    Comments (3) | Send Message
     
    May not be ridiculous as LNKN, but CRM is still overprices in current market conditions. Let it trade up...how many more buyers are there at this level? It will trade higher, but be ready to take profits and go short. CRM should be trading at 130.
    1 Mar 2013, 02:49 AM Reply Like
  • Zeus2012
    , contributor
    Comments (697) | Send Message
     
    Don't underestimate irrationality.
    1 Mar 2013, 07:25 AM Reply Like
  • jcg43210@gmail.com
    , contributor
    Comments (18) | Send Message
     
    Can't believe the increase on basically the same earning???if you call it earning from last year. Wow!!!Double Wow. When this stock goes down...it'll be like an anchor.
    1 Mar 2013, 06:55 AM Reply Like
  • sophos2
    , contributor
    Comments (137) | Send Message
     
    an anchor in a 5000 feets deep ocean
    1 Mar 2013, 06:41 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|