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SalesForce announces Q2 report


SalesForce has announced a year-over-year growth of more than 30% in revenue, deferred revenue, and operating cash flow, according to Marc Benioff, Chairman and CEO, “I’m delighted to announce that just four years after delivering our first $1 billion revenue year, we are now poised to deliver our first $1 billion revenue quarter in the third quarter of fiscal 2014.”

As of August 29, 2013, is initiating revenue and EPS guidance for its third quarter of fiscal year 2014. In addition, the company is raising its full fiscal year 2014 revenue and non-GAAP EPS guidance previously provided on June 4, 2013.

Full Year FY14 Guidance: Revenue for the company’s full fiscal year 2014 is projected to be in the range of $4.000 billion to $4.025 billion, an increase of 31% to 32% year-over-year.

View the 2014 full report from Market Watch.

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