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Salesforce.com Inc (CRM.N)

CRM.N on New York Stock Exchange

121.89USD
23 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Salesforce To Adopt New Accounting Standards, Expects FY19 Revenue Of $12.66 Bln To $12.71 Bln
Monday, 2 Apr 2018 08:00am EDT 

April 2 (Reuters) - Salesforce.com Inc ::SALESFORCE TO ADOPT NEW ACCOUNTING STANDARDS.UPDATES PRIOR Q1 AND FULL FISCAL YEAR 2019 GUIDANCE.FOR FISCAL YEAR 2017 AND FISCAL YEAR 2018, ASC 606 IS CURRENTLY EXPECTED TO HAVE AN IMMATERIAL BENEFIT TO COMPANY'S REVENUE.40 STANDARDS WILL NOT IMPACT COMPANY'S OPERATING CASH FLOW.Q1 FY19 REVENUE IS PROJECTED TO BE $2.935 BILLION TO $2.945 BILLION.Q1 FY19 GAAP DILUTED EARNINGS PER SHARE IS PROJECTED TO BE $0.12 TO $0.13.GAAP DILUTED EARNINGS PER SHARE IS PROJECTED TO BE $0.46 TO $0.47.FULL YEAR FY19 REVENUE IS PROJECTED TO BE $12.66 BILLION TO $12.71 BILLION.FULL YEAR FY19 GAAP DILUTED EARNINGS PER SHARE IS PROJECTED TO BE $0.91 TO $0.93.GAAP DILUTED EARNINGS PER SHARE IS PROJECTED TO BE $2.25 TO $2.27.Q1 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $2.93 BILLION -- THOMSON REUTERS I/B/E/S.FY2019 EARNINGS PER SHARE VIEW $2.04, REVENUE VIEW $12.66 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Salesforce.com Inc's CEO Marc Benioff Reports 7.419 Pct Passive Stake In Dropbox
Friday, 30 Mar 2018 04:15pm EDT 

March 30 (Reuters) - Dropbox Inc ::SALESFORCE COM INC'S CEO MARC BENIOFF REPORTS 7.419 PERCENT PASSIVE STAKE IN DROPBOX INC AS OF MARCH 27 - SEC FILING.  Full Article

Salesforce Signs Definitive Agreement To Acquire MuleSoft
Tuesday, 20 Mar 2018 04:30pm EDT 

March 20 (Reuters) - MuleSoft Inc ::SALESFORCE SIGNS DEFINITIVE AGREEMENT TO ACQUIRE MULESOFT.MULESOFT INC - SALESFORCE WILL ACQUIRE MULESOFT FOR AN ENTERPRISE VALUE OF APPROXIMATELY $6.5 BILLION..MULESOFT - MULESOFT DEAL CONSIDERATION WILL BE COMPOSED OF $36 IN CASH AND 0.0711 SHARES OF SALESFORCE STOCK PER MULESOFT CLASS A & CLASS B SHARE.MULESOFT INC - BOARDS OF SALESFORCE AND MULESOFT HAVE UNANIMOUSLY APPROVED DEAL.MULESOFT INC - SALESFORCE WILL COMMENCE AN EXCHANGE OFFER TO ACQUIRE ALL OF OUTSTANDING SHARES OF MULESOFT.MULESOFT - ‍SALESFORCE EXPECTS TO FUND CASH CONSIDERATION WITH CASH FROM BALANCE SHEET AND ABOUT $3.0 BILLION OF PROCEEDS FROM DEBT SECURITIES​.MULESOFT - CO'S STOCKHOLDERS OWNING ABOUT 30% OF OUTSTANDING SHARES HAVE ENTERED INTO TENDER AND SUPPORT AGREEMENTS WITH SALESFORCE.MULESOFT INC - ‍SALESFORCE HAS OBTAINED A COMMITMENT FROM BOFA MERRILL LYNCH FOR A $3.0 BILLION BRIDGE LOAN FACILITY​.  Full Article

SAP CEO says investors underestimate its CRM and database moves
Tuesday, 6 Mar 2018 01:55pm EST 

March 6 (Reuters) - SAP CEO says his "focus is now big time on CRM"; takes aim at rivals Salesforce.com and Oracle Corp :Chief Executive Bill McDermott says financial analyst models have not factored in his company's progress in building customer relationship management platform to challenge rivals."I don't think any of that tailwind is actually factored in" to SAP stock, McDermott told financial analysts and investors at the German company's annual Capital Markets Day meeting in New York on Tuesday..  Full Article

Salesforce Reports Q4 Non-GAAP Earnings Per Share $0.35
Wednesday, 28 Feb 2018 04:05pm EST 

Feb 28 (Reuters) - Salesforce.Com Inc ::SALESFORCE ANNOUNCES RECORD FOURTH QUARTER AND FULL YEAR FISCAL 2018 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.35.Q4 GAAP EARNINGS PER SHARE $0.09.Q4 REVENUE ROSE 24 PERCENT TO $2.85 BILLION.DEFERRED REVENUE ON BALANCE SHEET AS OF JANUARY 31, 2018 WAS $7.09 BILLION, AN INCREASE OF 28% YEAR-OVER-YEAR.UNBILLED DEFERRED REVENUE ENDED Q4 AT APPROXIMATELY $13.3 BILLION, UP 48% YEAR-OVER-YEAR.SEES ‍FY 2019 REVENUE TO BE $12.6 BILLION TO $12.65 BILLION, AN INCREASE OF 20% TO 21% YEAR-OVER-YEAR​.SEES FY 2019 GAAP EARNINGS PER SHARE $0.61 TO $0.63.Q4 EARNINGS PER SHARE VIEW $0.33, REVENUE VIEW $2.81 BILLION -- THOMSON REUTERS I/B/E/S.Q1 FY19​ ‍REVENUE IS PROJECTED TO BE $2.925 BILLION TO $2.935 BILLION, AN INCREASE OF 23% YEAR-OVER-YEAR.SEES FY 2019 NON-GAAP EARNINGS PER SHARE $2.02 TO $2.04.SEES Q1 2019 GAAP EARNINGS PER SHARE $0.09 TO $0.10.‍Q1 FY19 NON-GAAP DILUTED EARNINGS PER SHARE IS PROJECTED TO BE $0.43 TO $0.44​.  Full Article

Tiger Global Management Dissolves Share Stake In Roku, Cuts In Amazon
Wednesday, 14 Feb 2018 01:57pm EST 

Feb 14 (Reuters) - Tiger Global Management LLC::TIGER GLOBAL MANAGEMENT DISSOLVES SHARE STAKE IN ROKU INC - SEC FILING.TIGER GLOBAL MANAGEMENT RAISES SHARE STAKE IN FACEBOOK TO 2.4 MILLION CLASS A SHARES FROM 1.8 MILLION CLASS A SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN AMAZON.COM TO 1.1 MILLION SHARES FROM 1.5 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT TAKES SHARE STAKE OF 745,000 SHARES IN SALESFORCE - SEC FILING.TIGER GLOBAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017.  Full Article

Salesforce.com Files For Potential Mixed Shelf - SEC Filing
Monday, 18 Dec 2017 06:28pm EST 

Dec 18 (Reuters) - Salesforce.Com Inc ::SALESFORCE.COM FILES FOR POTENTIAL MIXED SHELF; SIZE UNDISCLOSED - SEC FILING.  Full Article

Salesforce Q3 GAAP earnings per share $0.07
Tuesday, 21 Nov 2017 04:05pm EST 

Nov 21 (Reuters) - Salesforce.Com Inc :Salesforce announces record third quarter revenue, raises full year fiscal 2018 revenue guidance.Q3 non-GAAP earnings per share $0.39.Q3 revenue $2.68 billion versus I/B/E/S view $2.65 billion.Q3 gaap earnings per share $0.07.Q3 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Salesforce.com Inc - ‍deferred revenue on balance sheet as of oct 31, 2017 was $4.39 billion, an increase of 26% year-over-year, and 24% in constant currency​.Salesforce.com Inc - ‍unbilled deferred revenue ended q3 at approximately $11.5 billion, up 34% year-over-year​.Salesforce.com inc - ‍fy19 revenue is projected to be $12.45 billion to $12.50 billion, an increase of 19% to 20% year-over-year​.Salesforce.com Inc - ‍q4 revenue is projected to be $2.801 billion to $2.811 billion, an increase of 22% to 23% year-over-year​.Salesforce.com Inc - ‍‍Q4 GAAP diluted earnings per share projected to be $0.03 to $0.04, ‍‍q4 non-gaap earnings per share projected to be $0.32 to $0.33​.Q4 earnings per share view $0.34, revenue view $2.79 billion -- Thomson Reuters I/B/E/S.  Full Article

Salesforce sees 2019 revenue of $12.45 bln to $12.5 bln
Monday, 6 Nov 2017 05:05pm EST 

Nov 6 (Reuters) - Salesforce.Com Inc ::Salesforce initiates fiscal 2019 revenue guidance of $12.45 billion to $12.5 billion.FY 2019 revenue view $12.46 billion -- Thomson Reuters I/B/E/S.  Full Article

Salesforce and Google form new strategic partnership
Monday, 6 Nov 2017 04:05pm EST 

Nov 6 (Reuters) - Salesforce.Com Inc :Salesforce and Google form new strategic partnership.Salesforce.Com - ‍as part of agreement, co has named Google cloud as preferred public cloud provider to support co's growing global customer base​.  Full Article

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Salesforce announces $2.2 billion French investment as Macron meets Trump

PARIS U.S. software company Salesforce will invest more than $2.2 billion in its French business over the next five years, it said on Tuesday, in another sign of America Inc's new love affair with France since President Emmanuel Macron's election.