Salesforce.com Q1 2014 Revenues Up 37%

Posted by Joachim Bartels | May 22, 2014 | CRM, CRM Services, Marketing & Sales Information, Salesforce, United States | 0 |

Salesfoce.com revenues for the 1^st Quarter (ending April 30^th, 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

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.