01—Abstract
Summary
Summary of the 8-K filed November 18, 2015. Cited figures are marked; the original filing is the authoritative source.
Salesforce, Inc. (CRM) filed an 8-K on November 18, 2015, to report its financial results for the fiscal quarter ended October 31, 2015.
The filing primarily serves as an announcement vehicle, incorporating by reference a press release detailing the company's performance. Investors should refer to the attached press release (Exhibit 99.1) for specific operational and financial data, as the 8-K itself does not contain the detailed figures but points to them.
02—Key points
Key Highlights
- The 8-K filing announces Salesforce's financial results for the third fiscal quarter of 2016 (ending October 31, 2015).
- The core of the filing is the incorporation by reference of a press release (Exhibit 99.1) which contains the detailed financial and operational results.
- This filing is a standard disclosure mechanism for quarterly earnings announcements.
- Information presented in this 8-K and its exhibit is not considered 'filed' for the purposes of Section 18 of the Exchange Act, limiting liability.
- Investors need to access the referenced press release for specific metrics such as revenue, earnings per share, and guidance.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to officially announce and provide access to Salesforce's financial results for the fiscal quarter ended October 31, 2015, by incorporating its earnings press release.
Where can I find the actual financial results?
The detailed financial results are located in the press release attached as Exhibit 99.1 to this 8-K filing. You will need to review that document for specific figures like revenue, profit, and guidance.
Does this filing contain specific financial numbers like revenue or EPS?
No, the 8-K filing itself does not contain the specific financial numbers. It directs investors to the attached press release (Exhibit 99.1) where these details are provided.
What does it mean that the information is not 'deemed filed'?
This statement means that while the information is publicly disclosed, it is not subject to the same stringent liability provisions under Section 18 of the Securities Exchange Act of 1934 as formally filed documents. This is common for earnings press releases incorporated into an 8-K.
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