Salesforce Earnings – Q4 2019

◦ Fourth Quarter Revenue of $4.85 Billion, up 35% Year-Over-Year, 34% in Constant Currency
◦ FY20 Revenue of $17.1 Billion, up 29% Year-Over-Year, 29% in Constant Currency
◦ Fourth Quarter Operating Cash Flow of $1.63 Billion, up 23% Year-Over-Year
◦ Current Remaining Performance Obligation of Approximately $15.0 Billion, up 26% Year-Over-Year, 27% in Constant Currency
◦ Remaining Performance Obligation of Approximately $30.8 Billion, up 20% Year-Over-Year
◦ Raises Q1 FY21 Revenue Guidance to $4.875 Billion to $4.885 Billion, up Approximately 30% to 31% Year-Over-Year

“Our Q4 and FY20 results were phenomenal. We are delighted to raise our revenue guidance for FY21 by $200 million to $21.1 billion at the high end of the range, while expanding our operating margin.” said Marc Benioff, Salesforce Chairman and CEO. “Nothing is more important to us than the trust and customer success we have with each one of our customers. Salesforce’s Customer 360 platform uniquely brings companies and customers
together.”

Total
0
Shares
Prev
Workday Earnings – Q4 2019

Workday Earnings – Q4 2019

Total revenues were $976

Next
Oracle Earnings – Q1 2020
Oracle Corporation

Oracle Earnings – Q1 2020

Cloud revenue up 37%, buoyed by strong growth across Fusion ERP Cloud and