Home » Industry » CRM » Salesforce.com Q1 2014 Revenues Up 37%

Salesforce.com Q1 2014 Revenues Up 37%

Salesfoce.com revenues for the 1st Quarter (ending April 30th, 2014) were $1.23 Billion, up 37% Year-Over-Year.   Deferred revenue of $2.32 Billion, up 34% Year-Over-Year.  Unbilled deferred revenue of approximately $4.80 Billion, up 33% Year-Over-Year.  The company generated operating cash flow of $473 Million, up 67% Year-Over-Year.   It raises FY15 revenue guidance to $5.30 – $5.34 Billion

“Salesforce.com had a strong start to its fiscal year. We delivered 37% year-over-year growth in revenue, and 67% year-over-year growth in operating cash flow in the first quarter,” said Marc Benioff, Chairman and CEO, salesforce.com. “Salesforce.com continues to be the #1 CRM platform, and is the fastest growing top ten software company in the world.”

Source:  Salesforce.com

Leave a Reply