Salesforce.com hit it out of the park with quarterly earnings for its fiscal fourth quarter and full fiscal year, which ended Jan. 31, 2012. Total Q4 revenue was $632 million, an increase of 38 percent on a year-over-year basis, topping the $624 million expected by analysts. For the full fiscal year 2012, the company reported revenue of $2.27 billion, an increase of 37 percent from the prior year. Its Q1 2013 guidance was also robust, projected to be in the range of $673-$678 million, an increase of 33-34 percent, year-over-year.
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Salesforce.com Chalks Up Strong FY12, but Competition Looms
Posted by: Erika Morphy February 27, 2012 05:00 AMSalesforce.com hit it out of the park with quarterly earnings for its fiscal fourth quarter and full fiscal year, which ended Jan. 31, 2012. Total Q4 revenue was $632 million, an increase of 38 percent on a year-over-year basis, topping the $624 million expected by analysts. For the full fiscal year 2012, the company reported revenue of $2.27 billion, an increase of 37 percent from the prior year. Its Q1 2013 guidance was also robust, projected to be in the range of $673-$678 million, an increase of 33-34 percent, year-over-year.