On 18 May, Salesforce.com reported first quarter results ending in April 2017. Revenues increased 24.6% from US$1.92bn to US$2.39bn. The gross margin declined from 74.1% to 72.8% and the operating performance turned from a profit of US$52m to a loss of US$8.9m. The real operating margin reached -0.4% and the non-GAAP operating margin 13.3%. Net losses reached US$9.2m compared to a net profit of US$38.7m in Q1 16. The company experienced balanced revenue growth in the Americas (+25%), in EMEA
07 Jun 2017
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Demand for Cloud solutions is still growing
SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
07 Jun 2017 -
Author:
Heinz Steffen -
Pages:
3
On 18 May, Salesforce.com reported first quarter results ending in April 2017. Revenues increased 24.6% from US$1.92bn to US$2.39bn. The gross margin declined from 74.1% to 72.8% and the operating performance turned from a profit of US$52m to a loss of US$8.9m. The real operating margin reached -0.4% and the non-GAAP operating margin 13.3%. Net losses reached US$9.2m compared to a net profit of US$38.7m in Q1 16. The company experienced balanced revenue growth in the Americas (+25%), in EMEA