What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report Salesforce.com's financial results for the fiscal quarter ended October 31, 2004, and to include the press release detailing these results.

Why is Salesforce.com providing non-GAAP financial information?

Salesforce.com is providing non-GAAP financial information to offer investors a clearer perspective on the company's underlying operational performance and trends by excluding a specific one-time, non-cash gain from a prior fiscal year.

What specific item is excluded from the non-GAAP financial results?

The non-GAAP financial results exclude a one-time, non-cash gain of $4.3 million that was recorded in the third quarter of the prior fiscal year. This gain resulted from the reversal of a previously recorded accrued liability for abandoned office space.

Are the financial results in this filing considered officially 'filed' with the SEC?

No, the information in this 8-K filing and its exhibits are specifically stated as not being considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor are they subject to the liabilities of that section or incorporated by reference into other SEC filings.

CRM 8-K: Earnings & Results

Summary

Salesforce.com, Inc. filed an 8-K on November 17, 2004, to report its financial results for the quarter ended October 31, 2004. The report primarily includes a press release detailing these results. A key aspect of the filing is the presentation of both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial metrics. The company provided non-GAAP net income and earnings per diluted share figures, adjusting for a one-time, non-cash gain of $4.3 million from a prior fiscal year. Management stated this adjustment aims to offer investors a clearer view of the company's ongoing operational performance and trends.

Key Highlights

1Salesforce.com announced its financial results for the quarter ending October 31, 2004, via a press release filed with the 8-K.
2The report includes both GAAP and non-GAAP financial performance metrics.
3Non-GAAP figures adjust for a one-time, non-cash gain of $4.3 million recognized in the prior fiscal year related to the reversal of an accrued liability for abandoned office space.
4Management believes non-GAAP measures provide a more comprehensive understanding of operational results and performance trends.
5The filing incorporates the press release by reference as an exhibit.
6The information provided is not considered 'filed' for purposes of Section 18 of the Exchange Act, limiting liability.

Salesforce, Inc. 8-K Report, Financial Results (Nov 17, 2004)

Summary

Key Highlights

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