Categories Earnings, Technology

Salesforce Q4 2018 earnings snapshot

Salesforce’s fourth quarter revenues improved 24.5% to $2.85 billion aided by impressive performance from its subscription and support services.

The company’s profit came in at $67.6 million compared to a loss of $51.4 million reported in the prior year period. GAAP earnings stood at $0.09 per share. On a non-GAAP basis, EPS improved 25% to $0.35.

Deferred revenue increased 28% to $7.09 billion, while unbilled deferred revenue jumped 48% touching $13.3 billion. On a regional basis, Americas contributed 72% to the top line for the fourth quarter, while Europe and Asia Pacific brought in 19% and 9% respectively.

Guidance

For the first quarter of 2019, revenue is expected in the range of $2.925 billion to $2.935 billion, GAAP earnings between $0.09 and $0.10 per share, and non-GAAP EPS to be in the range of $0.43 to $0.44.

For the fiscal year 2019, the company expects its sales to come in between $12.6 billion and $12.65 billion. On a per share basis, GAAP earnings is targeted between $0.61 and $0.63, while non-GAAP earnings is expected in the range of $2.02 to $2.04.

Salesforce fourth quarter 2018 earnings

Most Popular

V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results

Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew

Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results

Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter

McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings

Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top