salesforce.com inc (CRM) Details
salesforce.com, inc. provides enterprise cloud computing solutions to various businesses and industries worldwide. Its service offerings include Sales Cloud, which enables companies to grow their sales pipelines, close deals, improve sales productivity, and gain business insights; Service Cloud that enables companies to connect with their customers and address their service and support needs; Marketing Cloud for its customers to listen to conversations taking place on public social networks, such as Facebook, Twitter, and blogs; and Salesforce Platform, which enables its customers, independent software vendors, and third-party developers to develop applications in various programming languages, including Java and Ruby. The company also offers professional services, including consulting, deployment, and training services to its customers to facilitate the adoption of its social and mobile cloud solutions. salesforce.com, inc. sells and markets its services on subscription basis primarily through its direct sales force comprising telephone sales personnel, as well as through global consulting firms, systems integrators, and regional partners. The company was founded in 1999 and is headquartered in San Francisco, California.
Last Reported Date: 03/8/13
Founded in 1999
salesforce.com inc (CRM) Top Compensated Officers
Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $1.0M
Co-Founder and Executive Vice President of Te...
Total Annual Compensation: $500.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $500.0K
Chief Operating Officer
Total Annual Compensation: $450.0K
President of Global Enterprise
Total Annual Compensation: $494.6K
Compensation as of Fiscal Year 2013.
salesforce.com, inc Reports Unaudited Consolidated Earnings Results for First Quarter Ended April 30, 2013; Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2014
May 23 13
salesforce.com Inc. reported unaudited consolidated earnings results for first quarter ended April 30, 2013. For the quarter, the company reported total revenue of $892,633,000 against $695,467,000 a year ago. Loss from operations was $44,540,000 against $22,249,000 a year ago. Loss before benefit from provision for income taxes was $53,943,000 against $24,868,000 a year ago. Net loss was $67,721,000 or $0.12 per diluted share against $19,475,000 or $0.04 per diluted share a year ago. Net cash provided by operating activities was $283,189,000 against $213,212,000 a year ago. Capital expenditures were $54,010,000 against $44,721,000 a year ago. Non-GAAP income from operations was $93,954,000 against $79,892,000 a year ago. Non-GAAP net income was $60,964,000 or $0.10 per Non-GAAP diluted share against $54,454,000 or $0.09 per Non-GAAP diluted share a year ago.
For the second quarter of 2014, the company’s revenue is projected to be in the range of $931 million to $936 million, an increase of 27% to 28% year-over-year. GAAP net loss per share is expected to be in the range of $0.07 to $0.06, while diluted non-GAAP EPS is expected to be in the range of $0.11 to $0.12. The non-GAAP estimate excludes the effects of stock-based compensation expense, expected to be approximately $119 million, amortization of purchased intangibles related to acquisitions, expected to be approximately $22 million, and net non-cash interest expense related to the convertible senior notes, expected to be approximately $12 million. EPS estimates assume a GAAP tax rate of approximately negative 21%, which reflects the estimated quarterly change in the tax valuation allowance, and a non-GAAP tax rate of approximately 36%. The GAAP EPS calculation assumes an average basic share count of approximately 595 million shares, and the non-GAAP EPS calculation assumes an average fully diluted share count of approximately 634 million shares.
For the full fiscal year 2014, the company's revenue is projected to be in the range of $3.835 billion to $3.875 billion, an increase of 26% to 27% year-over-year. GAAP net loss per share is expected to be in the range of $0.33 to $0.31 while diluted non-GAAP EPS is expected to be in the range of $0.47 to $0.49. The non-GAAP estimate excludes the effects of stock-based compensation expense, expected to be approximately $500 million, amortization of purchased intangibles related to acquisitions, expected to be approximately $86 million, and net non-cash interest expense related to the convertible senior notes, expected to be approximately $47 million. EPS estimates assume a GAAP tax rate of approximately negative 23%, which reflects the estimated annual change in the tax valuation allowance, and a non-GAAP tax rate of approximately 35%. Note that the tax valuation allowance adds complexity, causing potential volatility in forecasted GAAP tax rate. The GAAP EPS calculation assumes an average basic share count of approximately 599 million shares, and the non-GAAP EPS calculation assumes an average fully diluted share count of approximately 638 million shares.
Deloitte's Federal Innovation Center Taps into Salesforce to Help Transform Government for the Social and Mobile Era
May 22 13
Deloitte announced that it is expanding its global alliance with salesforce.com, with the launch of new capabilities for the Federal Innovation Center. The announcement brings together industry-leading practices and innovative technology solutions to accelerate government transformation. The Federal Innovation Center affiliation includes two primary efforts: Salesforce Solutions for Government, Deloitte will begin demonstrating cloud solutions that utilize Salesforce technology at Deloitte's Highly Immersive Visual Environment (HIVE) in Rosslyn, VA. These production-ready solutions address the emerging needs of government organizations, including citizen engagement/eligibility portals, constituent case management, inbound marketing and social media engagement, and early childhood and learning solutions as part of the Federal Race to the Top program; Federal Innovation Briefing Series, a new monthly event series to discuss government technology trends with government thought leaders.
Salesforce.com Delivers New Mobile Solutions for Government
May 22 13
Salesforce.com delivered new mobile solutions to empower federal, state and local agencies to connect with each other, citizens and employees in entirely new ways. These new mobile solutions include Rapid Response 311, Mobile Communities for Government, Government Social Command Center and Platform Mobile Services for Government. Now, government can connect and respond to citizens on any device and any channel, accelerate agency collaboration with partners and build mobile government apps faster. These new mobile solutions enable government to collaborate with partners, accelerate projects, improve transparency and connect and respond to citizens on any device and any channel.