Salesforce.com (NYSE: CRM), announced results for its fiscal second quarter ended July 31, 2012.
“Our second quarter revenue growth was outstanding at 34% in dollars and 37% in constant currency,” said Marc Benioff, Chairman and CEO, salesforce.com. “Salesforce.com’s social enterprise strategy is enabling companies to connect with customers, partners, and employees in completely new ways – and it’s creating new opportunities for their growth and ours.”
Salesforce.com delivered the following results for its fiscal second quarter: Revenue: Total Q2 revenue was $732 million, an increase of 34% on a year-over-year basis. Subscription and support revenues were $687 million, an increase of 35% on a year-over-year basis. Professional services and other revenues were $44 million, an increase of 20% on a year-over-year basis.
Earnings per Share: Q2 GAAP net loss per share was ($0.07), and non-GAAP diluted earnings per share was $0.42.
Cash: Cash generated from operations for the fiscal second quarter was $136 million, an increase of 64% on a year-over-year basis. Total cash, cash equivalents and marketable securities finished the quarter at $1.8 billion.
Q3 FY13 Guidance: Revenue for the company’s third fiscal quarter is projected to be in the range of $773 million to $777 million, an increase of 32% to 33% year-over-year. GAAP net loss per share is expected to be in the range of ($0.27) to ($0.26), while diluted non-GAAP EPS is expected to be in the range of $0.31 to $0.32.
Source: Salesforce Press Release
