Friday, August 22, 2014

Published 10:08 AM by

Salesforce.com raises full-year forecast

Salesforce.com raises full-year forecast

Salesforce.com company predicts that in 2015 fiscal year, its performance will be higher than analysts' forecasts on rising demand for extra online services, as well as through acquisitions previously made ​​and scale-up. Revenue in fiscal year 2015 range from 5.34 to 5.37 billion dollars, against analysts' expectations at 5.34 billion dollars. In the current quarter, Salesforce.com expects sales of $ 1.365 - 1.370 billion, operating profit of 12-13 cents.

 This is higher than analysts' expectations of $ 1.37 billion dollars and profit of 12 cents per share, respectively. CEO Marc Benioff says that she feels Salesforce growth in demand for its decisions, and in addition the company is expanding the scope of activity due to the policy of mergers and acquisitions. Recall that the last time the company Salesforce has acquired players such business automation as RelatelQ, ExactTarget, and also entered into an agreement with Microsoft to cooperate in the field of software. After the publication of the quarterly data Salesforce shares traded in New York rose 3.4% to 55.71 dollars per share. 

According to the results of the first fiscal quarter, the company reported having received a net loss of 61.1 million dollars, against a profit of 76.6 million dollars a year earlier. Revenues rose by 38% to 1.32 billion dollars. Operating profit amounted to 13 cents per share, compared with analysts' forecast of 12 cents. note that an active policy of mergers and acquisitions company Salesforce.com is from 2011, at the same time, to Salesforce say they do not expect to receive net profit until 2017 year. 

In the report of the company said that its revenue from the sale of subscriptions increased by 37% to $ 1.23 billion, while revenue from professional services and consulting totaled 85.9 million dollars, which is 37% higher than a year earlier.
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