The following are the key earnings highlights for the company Salesforce.com Inc:
The company reported an earnings of $1.45 billion in the fourth quarter, a steep increase from the loss of $98 million recorded in the same period last year. The earnings per share (EPS) for the fourth quarter stood at $1.47. This is a significant jump from the -$0.10 EPS during the same period last year.
Upon excluding certain items, the adjusted earnings of Salesforce.com Inc were reported at $2.25 billion or an EPS of $2.29 for the period under consideration. Analysts had projected an EPS of $2.26 for the company.
The fourth quarter revenue was noted at $9.29 billion. This represents an increase from the $8.38 billion revenue in the same period the previous year.
Looking forward, the company’s guidance for the next quarter is an EPS of between $2.37 and $2.39. Furthermore, the projected revenue for the upcoming quarter stands between $9.12 billion and $9.17 billion.
