Salesforce.Com, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal Year 2020 and Revenue Guidance for the First Quarter and Full Year of Fiscal Year 2021
December 03, 2019 at 04:05 pm EST
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salesforce.com, inc. provided earnings guidance for the fourth quarter and full year of fiscal year 2020 and revenue guidance for the first quarter and full year of fiscal year 2021. For the fourth quarter, the company expects revenue to be in the range of $4.743 billionto $4.753 billion and GAAP loss per share to be in the range of $0.04 to $0.03.
For the fiscal year, the company expects revenue to be in the range of $16.99 billion to $17.00 billion and GAAP earnings per share to be in the range of $0.44 to $0.45 .
For the first quarter of fiscal year 2021, the company expects revenue to be in the range of $4.800 billion to $4.835 billion.
For the fiscal year 2021, the company expects revenue to be in the range of $20.80 billion to $20.90 billion.
Salesforce.com, Inc. is the world leader supplier of Customer Relationship Management (CRM) software on request. Net sales by activity break down as follows:
- online subscriptions sale (92.6%): applications for computerizing the sale forces, optimizing the commercial data processing, managing the call centres, managing the relationship with the partners, etc.;
- professional services (7.4%): consulting, implementation and training services.
Net sales are distributed geographically as follows: Americas (67.8%), Europe (22.8%) and Asia/Pacific (9.4%).
Salesforce.Com, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal Year 2020 and Revenue Guidance for the First Quarter and Full Year of Fiscal Year 2021