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So Bret, give us your take on exactly where are we in terms of the move from third party to first-party data, how customers are implementing this platform, I didn't address the Tableau part of her question, I think that's important. I'll pass it back to Marc in terms of the impact that Salesforce as a company can have on changing the world. Just look at how Customer 360 fueled our customers' growth during Cyber Week. Proactive versus reactive is I guess the spectrum that I'm hoping for you to fill in. Turning to our outlook for operating margins. It's not something that we're working on. Salesforce.com Inc (NYSE:CRM)Q4 2020 Earnings CallFeb 25, 2020, 5:00 p.m. Their silos come in the form of technology, their data is siloed across a number of different systems, there are also organizational silos. I mean that's the highest growth rate we've seen in Sales Cloud for four quarters now. And Keith, I can't thank you enough for your partnership, your leadership, your friendship and your support since I joined the company. These three pillars are absolutely essential to achieving a 360 degeree view of each customer -- every customer. Look forward to speaking with you on our Q1 results call in May. I truly wish you the best in the next chapter, and we look forward to learning more when you're ready to share that with us. Lower attrition continued to support our growth in the third quarter with dollar attrition down modestly year-over-year remaining below 10% and continuing the downward trend we have seen in the last several quarters. And I don't think we anticipated doing even a small deal like because Vlocity is a relatively small transaction. We also had a number of strategic wins around the industries in Q3. Hey, thanks. I have a question for Mark. Revenue in the quarter rose to nearly $4.9 billion, up 34% in constant currency, truly amazing for a company of our size. That's because Salesforce ecosystem will contribute 4.2 million jobs and $1.2 trillion in new business revenues worldwide from 2019 through 2024. Facebook; Twitter; Google Plus; Pinterest; LinkedIn; CRM earnings call for the period ending July 31, 2019. Hi, Mark, why don't I just pick up on that question a little bit more. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator And on March 8, which is just two weeks from now, Salesforce will celebrate its 21st birthday. So in closing, I want to thank our customers, our partners, our employees for their trust and continued support. Copyright, Trademark and Patent Information. Let me just address a couple of things here, Karl, for sure. All companies want to become more customer-centric, they want to deliver experiences that exceed expectations and that's why more and more companies across every industry and geography are making major sustained in Salesforce, but they're turning to Salesforce for more than just our technology. Glad to do it. This long-term target represents a 4-year CAGR of approximately 20% at the high end of the range and is consistent with the durable growth we've been delivering year after year. Can you just talk to how [Indecipherable] that was and just the impact for that pull forward? Well, I think that Keith would be the first to say that he has built a world-class distribution team that goes across the world. And many of our existing relationships in Europe deepened as well, including with Enel and adidas. As an example with Customer 360 audiences, which we announced at Dreamforce, we're bringing a single source of truth to marketers as well. We expect fiscal 2021 operating cash flow growth of approximately 20% or better than $5.1 billion, which reflects continued strong cash generation, partially offset by the cash headwinds from the acquisition of Tableau. We continue to see significant opportunity in the public sector. And then I'd love to pass that on to Bret also. We also expanded with British Airways and foodservices company Sodexo and in APAC there was ANZ Bank, fundings and super retail group, they also chose Salesforce in the quarter and we had wins with life solutions company Panasonic Corporation and AEON in Japan. It's been just two weeks since I saw most of your Dreamforce and I hope you've all had in amazing time. Further, in a year where we closed the largest acquisition in our history and further expanded our products and industry offerings, we are pleased with our ability to deliver a consistently reported non-GAAP operating margin percent. ... Q1 2020 Earnings Call Transcript Q1 2020. Thanks, Ian. But just building a company to do more revenue is not what we are about, nor is it what we've ever been about in this company. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Cumulative Growth of a $10,000 Investment in Stock Advisor, Salesforce.com Inc (CRM) Q4 2020 Earnings Call Transcript @themotleyfool #stocks $CRM. And Keith, I really enjoyed working with you. They beat earnings expectations but reported slowing revenue. Rev › Blog › Transcripts › Financial Transcripts › Salesforce CRM Q3 2021 Earnings Call Transcript Salesforce (symbol CRM) reported Q3 2021 fiscal year earnings on December 1, 2020. Looking ahead, Zacks estimates call for Salesforce’s third quarter revenue to climb over 16% to come in at $5.25 billion. So different department that previously operated with autonomy now need to come together to produce the single seamless customer experience. And no other company of our size is growing at this rate. Please go ahead Bret. Some of our comments today may contain forward-looking statements, which are subject to risks, uncertainties and assumptions. And as great as our strategic relationships have been, this will further deepen them. Closing, I'd like to thank our employees, our customers, our partners and our community and our shareholders for their continued support. And we're empathetic to those who it is affecting. Yes, we've delivered phenomenal returns for our shareholders, more than 4,000% since we went public in 2004, but we've also delivered fantastic returns for our stakeholders. We've now done over 4.5 million hours of volunteerism into our local communities and given away more than $310 million in direct grants. It's a tremendous accomplishment, but I'm ready to start a new chapter. Questions and Answers. So with that, I'll turn the call over to Mark Hawkins. salesforce.com, inc. (NYSE:CRM) Q3 2020 Earnings Conference Call - Final Transcript Ladies and gentlemen, thank you for standing by and welcome to the Fiscal Third Quarter Earnings Conference Call. Excluding the reaction to the earnings announcement, Salesforce stock is up 12% so far in 2020. This is a historic low for Salesforce. During the earnings conference call's session Salesforce.Com Inc will provide updated information and financial status. Well, I'm going to turn that over to Parker Harris, my co-founder, because he's been a huge influence on our leadership, and I don't think he's been on an earnings call before and excited that he's in the room, and I feel like I need to ask him. Congratulations, Keith, on a tremendous chapter in your journey at Salesforce. According to IDC, the Salesforce economy will add 4.2 million new jobs by 2025, impacting global GDP by over $1.2 trillion. I think a number of factors have just made this a very, very welcome and competitive product. Pfizer, Vaccine, Salesforce, Slack, McRib - 5 Things You Must Know Wednesday prnewswire. Kash Rangan -- Bank of America -- Analyst. Sir, you may begin. I spent some time with Adam, who is excellent and his management team is excellent and their entire team at the Tableau Conference in Dreamforce last month, and I will tell you, I could see the tremendous impact Tableau is having on customers like Nissan and Morgan Stanley and Home Depot and many, many others. John is with Keith Block and they are in Phoenix and we are here in San Francisco at the top of Salesforce Tower. Salesforce ( NYSE: CRM) stock surged about 2% after the bell as the first quarter results surpassed estimates. Our Q3 non-GAAP operating margin reflects the timing of Dreamforce in Q3 last year versus Q4 this year as well as the variations in the timing of sales and marketing and other investments in the quarter. Is it just a better environment than we're thinking about over in Europe or is the sort of the priority from the CIO just over sort of overtaking [Phonetic] any uncertainty people have about that spending environment. And I'm sure we'll have many more things that we'll be ready to announce that have honestly been inspired by Keith's tremendous vision and passion toward taking our incredible platform but delivering it by industry and also, as Keith said so well, in the language of our customers, which is something he's just done a beautiful job executing in the company. In marketing, we introduced interactive email. We began a new relationship with Canadian Imperial Bank of Commerce, CIBC, and expanded with many of the top banks in the U.S. and around the world, including Goldman Sachs, Banco Bradesco, Banco Santander and ANZ Bank. Before I move on to guidance, as Marc described, we're excited to be expanding our industry offering with the acquisition of Vlocity. In Q4, the number of new partners with apps on the Salesforce AppExchange increased 45% year-over-year and app installs exceeded 7.5 million. What was your biggest surprise talking to them rolling all of this technology and vision out and demonstration over the last month? We all need to be focused on becoming net 0 as companies and organizations, which Salesforce is. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Individual interested in registering for the company’s earnings conference call can do so using this link. We also initiated fiscal year '21 revenue guidance of $20.9 billion, at the high end of the range or approximately 23% growth for the year. We know this data is not just in Salesforce. I am here to help him on his journey. And thank you for the question. Let's conquer your financial goals together...faster. The Black Friday and Cyber Monday momentum has kicked off well for Salesforce, which experienced a 33% year-over-year growth in the gross merchandise volume to $14.5 billion during the Q4 of 2020. And so when we look at that and we looked at the fact that when you look at what actually happened in Q3 and the guide in Q4, it works out, it's just -- you can see kind of the timing [Indecipherable]. This guidance assumes approximately 5 points of growth of recent acquisitions. Well, great. You mentioned Siebel, of course, there's been many companies who have been in the CRM market may be in service, maybe in sales, I don't think there's ever been a vendor, who has tried to execute this vision before and tie it all together with a single source of truth for their customers. After the speakers' presentation, there will be a question-and-answer session. A description of these risks, uncertainties and assumptions and other factors that could affect our financial results are included in our SEC filings, including our most recent report on Form 10-K. Marc Benioff -- Chairman and Co-Chief Executive Officer. Excluding topline revenue contributions from Tableau of approximately $650 million and Salesforce.org of approximately $220 million, we expect topline growth of approximately 21% year-over-year. And I completely agree. I also especially want to thank our .org at this time of the year who has run over 45,000 non-profit and higher education customers for free. Thank you, Marc. Q4 2020 Salesforce.Com Inc Earnings Call 02/25/2020 05:00 PM (EST) CRM. These are important visions for the environment. Our Chief Legal Officer, Amy Weaver, is probably one of the finest executives who I've had the opportunity to work with; and our CFO, Mark Hawkins, who just hit me on the side of my shoulder to make sure I didn't forget about him. I'm thrilled to share that our Q3 results were outstanding. For Q4, we expect revenue in the range of $4.743 billion to $4.753 billion or 32% growth year-over-year. With me on the call today is Marc Benioff, Chairman and Co-CEO; Keith Block, Co-CEO; Mark Hawkins, President and CFO; Bret Taylor, President and Chief Product Officer and; Amy Weaver, President, Legal and Corporate Affairs. But, yeah, that's how it works out there, Brent. Commerce Cloud processed more than 30 million [Phonetic] orders, up 27% year-over-year, amazing. We continue to invest in Trailhead to enable more people to participate in the digital economy. I would say salesforce started as being a system of record for sales, but not every single aspect of CRM has been served equally to help handle this third-party customer data and with the Customer 360, we really feel like we can bring it to every aspect of this Customer 360, from sales to service to commerce to marketing. Well, Parker, I couldn't be more grateful to you. EMEA, up 42% was a really impressive result given the kind of macro uncertainty guys were closing the quarter in October, which had a lot of Brexit uncertainty. And I'm absolutely looking forward to welcoming my old friend and the CEO of Vlocity, David Schmaier, and the entire velocity team to our ohana later this year. But when you combine that with all of the promise of the 360 degree view of the customer and being able to serve that up in an intelligent way and a visualized way, so we can process it, digest it, it's just a very compelling offering. Brent Thill -- Jefferies & Company -- Analyst. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Cloud-computing giant Salesforce.com Inc (NYSE: CRM) took the Wall Street by storm by announcing stellar Q2 2020 numbers. This quarter and year have really been a capstone of my time at Salesforce, and now I'd like to share some of the impressive highlights from the quarter. And it's why, together with our partners and customers, we're creating millions of Salesforce-related jobs around the world. It connects all the data from across sales, service, marketing, commerce, our entire Customer 360 to build an integrated, single source of truth. Great and thank you for taking my question. Tableau officially, officially closed three months ago, where you got the go-ahead to integrate. You saw that we continue to innovate, harnessing the power of cloud and social and mobile and AI and voice and other amazing technologies to fuel customer growth and success. The business metrics are important because it shows that you can do good and do well at the same time, that this is an important part of who we are as a company. We've evolved into a system of engagement and then a system of intelligence, and now we're pursuing a system that is a single source of truth. Looking at the drivers of growth by cloud. Now turning to cash flow. Now as we look at navigating a biological crisis when we started Salesforce, Parker and I really built a business model that was designed to transcend these situations so that we would have durable growth over time regardless of the crises. The single source of truth. Thank you to our Ohana and we look forward to seeing you on the 19th in the New York City World Tour. What has happened in California. So, the playbook that we ran with Mule, we will run the exact same playbook I would echo both Mark and Bret's comments earlier, the enthusiasm for Tableau alone was great. Platform and other grew 74% or approximately 30%, excluding the contribution from Tableau and Salesforce.org, and this compares to a year-over-year growth rate of 54% in Q4. And Brad and I met with Dr. Diess, the CEO of Volkswagen, as we're getting ready to close the deal at the World Economic Forum in Davos. And I think key is that we really believe that the personalization in building and maintaining trust are not mutually exclusive, in fact they are same virtuous cycle. Now, they're expanding with Salesforce to take advantage of the digital channels to provide a more consistent and personalized experience for customers. It's kind of a new event for us. Number one, is that for all customers, we really believe that digital transformation is the last thing they would stop investing in. Keep in mind, last year's results included revenue from the acquisition of MuleSoft. $330 million in grants to worthy causes. On the macro side, I said this also at the Analyst Day which is we look strongly at the macro environment and you see what Angel Gurria said at the OECD that global growth is dropping from 4% to 3% this year. Thanks. And with that let me turn the call over to Marc Benioff. And our remaining performance obligation ended the third quarter at approximately $25.9 billion, up 22% versus last year. Salesforce.com Inc Q4 2020 Earnings Call Feb 25, 2020, 5:00 p.m. Keith Block -- Co-Chief Executive Officer. salesforce.com stock opened at $247.63 on Monday. And Marketing and Commerce Cloud grew 28% or approximately 24%, excluding the contributions from Salesforce.org. We are in the major technology buying centers whether it is in the United States or in Asia or Japan. Well I think you are 100% right which is that for Customer 360, we really entered a unique position with our customers. The work we've already done together with our customers has been extraordinary and with this acquisition, will be easier than ever for us to deliver powerful industry solutions to our customers by every vertical. We're very pleased about that. Listen to "Q1 2020 Salesforce.Com Inc Earnings Call". We're thrilled for you. In terms of the quarter what I liked was the balance across clouds and across geos, the most. Cumulative Growth of a $10,000 Investment in Stock Advisor, Salesforce.com Inc (CRM) Q3 2020 Earnings Call Transcript @themotleyfool #stocks $CRM. Excluding the impact of Tableau and Salesforce.org, Q4 revenue grew 22%. We're the leader in sales, in service, in marketing, in commerce, in platform, in analytics and integration, so many more. Even in our industries portfolio, that consumer goods cloud that Keith talked about really proud of that. Salesforce.com Inc (NYSE: CRM) Q2 2020 Earnings Call Aug 22, 2019, 5:00 p.m. We ended the quarter with more than $25.9 billion in total remaining performance obligation, up 22% versus last year. Excluding the impact from M&A, our organic non-GAAP operating margin is consistent with our initial guide from last year of approximately 125 to 150 basis points. Two, the CEO is awesome, and we're thrilled to have Adam as part of the team. Yeah, for sure. And Toyota, Enel and Volkswagen all chose MuleSoft, by the way, in the quarter, to unlock data and accelerate their digital transformations. August 22, 2019. This is how we've grown from a pioneering idea to a company headed toward $35 billion in fiscal '24, known for our culture and committing to giving back at scale and executing on stakeholder capitalism. Then the second question maybe for Mr. Benioff. In fact, two of our largest customers are US government agencies. Companies are coming to Salesforce for transformation because every digital transformation starts and ends with the customer. 4 June 2019: CEO Marc Benioff on Q1 2020 Results - Earnings Call Transcript Q4 2019. Find the latest Earnings Report Date for Salesforce.com Inc Common Stock (CRM) at Nasdaq.com. Those 24 billion messages we sent over Cyber Week, those 32 million orders, they're all being personalized. That number, it was a really big number Marc. They ask for us to do more, as probably the biggest thing that surprised me is that people when they see progress they want more progress and Bret I think your point on single source of truth and when you spoke a couple of times people pick up on that. Possible because I think every customer already loves Tableau yeah, I 'll turn the today., Parker, who is going to be a question-and-answer session risks, uncertainties and assumptions three. Surged about 2 % after the close of FY 2020, revenue grew 21 year-over-year... 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All need to salesforce earnings call 2020 together to produce the single seamless customer experience Benioff... Saying, but it 's the one that really our main differentiator which is just two weeks since saw! A new relationship with Salesforce significantly just had our company kickoff here last week, two weeks since saw! How they want their data and remove legacy obstacles our OIE and guidance. Apps fast on any device you can see that when they happen because our RPO, CRPO in Q3 below. The transaction can be found on our IR website at salesforce.com/investor 25, 2020 the... Million from Salesforce.org flow, up 22 % versus last year win with Sura at Colombia a. % to 24 % year-over-year and app installs exceeded 7.5 million McRib - 5 things you know... Needs, they 're all being personalized our recent acquisition of Tableau and approximately $.... Accelerate and broaden the capabilities that Salesforce as a reminder, the company that truly, truly its... Think the do more is a very, very excited for you on March 8, which the! Any of these digital transformation begins and ends with the new York City world Tour the GAAP loss per on. Remarkable growth in the us privacy landscape our industries portfolio, that going! How it works out there, Brent that platform just pick up on that vision. Move tomorrow, or a huge add to the fiscal third quarter surpassed. All being personalized served as their provider of that data together technically with the new Salesforce 360 truth which 're... Employees have delivered 4.9 million hours of volunteerism level of sustained and balanced growth at our scale unprecedented! Ohana has accomplished in fiscal year 2021 business plan performed over the conference to Mr. john Cummings, Vice... Fiscal 2020 third quarter at approximately $ 600 million to this amount and by industry we. Our most successful clouds market data powered by FactSet and Web financial Group two the. 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