◦ First Quarter Revenue of $4.87 Billion, up 30% Year-Over-Year, 31% in Constant Currency
◦ Current Remaining Performance Obligation of Approximately $14.5 Billion, up 23% Year-Over-Year, 24% in Constant Currency
◦ First Quarter Operating Cash Flow of $1.86 Billion, down 5% Year-Over-Year
◦ Initiates Q2 FY21 Revenue Guidance of $4.89 Billion to $4.90 Billion, up Approximately 22% to 23% Year-Over-Year
◦ Updates FY21 Revenue Guidance to Approximately $20.0 Billion, up Approximately 17% Year-Over-Year
“Our results, amidst this global crisis, demonstrated our ability to execute at speed, innovate at scale and the strength of our business model,” said Marc Benioff, Chair & CEO, Salesforce. “We made long-term investments in keeping our employees safe, supporting our customers, delivering crucial innovation like Work.com, and helping our communities with PPE, grants, and technology. The pandemic showed us that digital is an imperative for every company, and we’re confident Salesforce will continue to accelerate as we bring our customers into the new normal.”
