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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