27.02.2014 22:29:17
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Salesforce.com Q4 Adj. Profit Tops View; Issues Q1, FY15 Outlook - Quick Facts
(RTTNews) - Salesforce.com (CRM), Thursday reported fourth-quarter net loss of $116.62 million, or $0.19 per share, wider than $20.84 million, or $0.04 per share last year.
Adjusted earnings for the quarter declined to $46.99 million or $0.07 per share, from $77.73 million or $0.13 per share in the comparable quarter last year. On average, 39 analysts polled by Thomson Reuters expected the company to report earnings of $0.06 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew 37 percent to $1.15 billion from $834.68 million last year, while thirty seven analysts estimated revenues of $1.13 billion for the quarter.
For the first quarter, the company expects loss of $0.23 to $0.22 per share, adjusted earnings of $0.09 to $0.10 per share, and revenues of $1.205 billion to $1.210 billion. Analysts currently estimate earnings of $0.10 per share on revenues of $1.19 billion.
For the full year 2015, the company expects loss of $0.53 to $0.51 per share, adjusted earnings of $0.48 to $0.50 and revenues of $5.25 billion to $5.30 billion. Analysts currently expect earnings of $0.50 per share on revenues of $5.21 billion for the full year 2015.
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