Wednesday, February 25, 2009

Breaking News: Salesforce.com First Cloud Computing Company to Achieve Fiscal Year Revenue of One Billion Dollars

Congrats to Salesforce.com on being the first 1 billion dollar Cloud company!

Salesforce.com Announces Record Fiscal Fourth Quarter Results
  • First Enterprise Cloud Computing Company to Achieve Fiscal Year Revenue of One Billion Dollars -- Record Revenue of $290 Million, up 34% Year-Over-Year
  • GAAP EPS of $0.11, up 83% Year-Over-Year
  • Net Customers Increase 3,600 in the Quarter to 55,400
  • Net Paying Subscribers Increase 400K Year-Over-Year to Surpass 1.5 Million
  • Operating Cash Flow of $76 Million for Quarter; $230 Million for Fiscal Year
  • Total Cash and Marketable Securities of $883 Million, up $213 Million Year-Over-Year
  • Company Updates FY10 Revenue Guidance to $1.30 - $1.33 Billion

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