Is Salesforce Ready to Take On the Industry Leaders?

Marc Benioff, CEO and chairman of (NYSE:CRM), can’t seem to resist an opportunity to boast.

“ continues to be the fastest growing top ten enterprise software company in the world,” he commented in the company’s fiscal-20213 fourth-quarter and full-year results. “ had a spectacular finish to its fiscal year.”

What makes a boast compelling is how much truth is behind it, and Benioff definitely has some strong numbers to back up his claim. What’s more, while perhaps lacking the same enthusiasm, investors seem to agree that the company’s results, reported after markets closed on Thursday, indicate continued strength at one of the world’s most innovative company. Shares climbed as much as 7.1 percent on Friday morning.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

Here’s a quick breakdown of how Salesforce did:

4Q FY 2012 4Q 2013 FY 2012 FY 2013 Q1 FY 2014* FY 2014*
Revenue $632 million $835 million $2.267 billion $3.05 billion $882 – $887 million $3.82 – $3.87 billion
Non-GAAP Diluted EPS ($) -$0.03 $0.51 -$0.09 $1.63 $0.40 – $0.42 $1.93 – $1.97

*Company guidance.

More Articles About:   , , ,