Resilient Media Entertainment

Tuesday, November 20, 2012

Salesforce reports $584M revenue in Q3, gearing up for $3B next year


Today, Salesforce announced its Q3 earnings, which included a record $584 in revenue — a 36 percent year-over-year increase. The bulk of that money came from the company’s subscription and support services, which accounted for $549 million.

The remainder of the company’s revenue came from its professional services and other sources, and totaled $35 million. “Salesforce.com is the first enterprise cloud computing company to exceed a $2.3 billion annual revenue run rate,” said Salesforce chief executive Marc Benioff (pictured) in a statement. Benioff also said the company expects to reach $3 billion in annual revenue run rate during its 2013 fiscal year.

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