Salesforce.com Q1 2015 Conference Call Highlights

The following are highlights from the Salesforce.com CRM fiscal year 2015 first quarter earnings conference call.

The company's earnings press release can be accessed on Benzinga here.

Financial Data

  • Year-over-year revenue growth of 37 percent.
  • Year-over-year operating cash flows growth of 67 percent.
  • Ended the quarter with $1.5 billion in cash and marketable securities.
  • Full-year capital expenditures expected to be in the range of five-seven percent.
  • Free cash flow was up 80 percent year-over-year to $413 million.
  • Full fiscal year 2015 revenue guidance raised by $40 million to $5.34 billion.
  • Full-year 2015 non-GAAP EPS range of $0.49-$0.51

Products

  • Sales Cloud has larger market share and sales than next three competitors combined, according to Gartner's.
  • Service Cloud is Clear leader in vision and execution in Gartner's most recent Magic Quadrant for Customer Service.
  • The ExactTarget Marketing Cloud doubled its market share.
  • Salesforce1 platform rated as a leader in every platform category by Forrester.

Customer Relations

  • Entered a new deal with Manulife, one of the world's largest insurance and financial services providers.
  • Confirmed a deal with Meiji Yasuda Life Insurance for Japan's first enterprise-wide cloud implementation in the life insurance industry.
  • Sky Italia selected Service Cloud, the Salesforce1 platform, and Salesforce Communities for its business-to-consumer communications business.

Regional

  • Americas revenue grew 39 percent to $876 million.
  • Europe revenue grew 42 percent in dollars and 35 percent in constant currency.
  • Asia Pacific revenue increased 21 percent in dollars and 26 percent in constant currency.
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