01—Abstract
Summary
Summary of the 8-K filed February 24, 2016. Cited figures are marked; the original filing is the authoritative source.
Salesforce, Inc. (CRM) filed an 8-K on February 24, 2016, primarily to announce its financial results for the fiscal fourth quarter and full fiscal year ended January 31, 2016.
The press release, attached as an exhibit, provides the key financial and operational performance metrics that investors would look to understand the company's recent trajectory and outlook. While the 8-K itself doesn't contain detailed financial statements, it serves as the official notification and repository for the earnings release, making it a crucial document for tracking the company's performance against market expectations. Investors should refer to the attached press release (Exhibit 99.1) for the specific revenue, earnings per share, guidance, and other operational details.
This filing is a standard mechanism for public companies to disseminate material financial information shortly after the period ends. It's important to note the disclaimer that the information furnished under Item 2.02 is not considered "filed" for certain regulatory purposes, meaning it doesn't automatically trigger liability under Section 18 of the Exchange Act unless specifically incorporated into other filings.
02—Key points
Key Highlights
- Announcement of Q4 FY16 and Full-Year FY16 financial results for Salesforce, Inc.
- Filing dated February 24, 2016, with an event date of February 23, 2016.
- The core information is contained within an attached press release (Exhibit 99.1).
- Key financial metrics and operational performance for the period ending January 31, 2016, are detailed in the press release.
- Standard 8-K filing for earnings release disclosure.
- Information furnished is not deemed 'filed' for Section 18 of the Exchange Act liability.
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 fourth quarter and the full fiscal year ended January 31, 2016. The detailed results are included in an attached press release.
Where can I find the actual financial results?
The actual financial results, including revenue, earnings per share, and other key performance indicators, are located in the press release attached as Exhibit 99.1 to this 8-K filing.
Does this filing contain forward-looking guidance?
While the 8-K itself doesn't contain guidance, the accompanying press release (Exhibit 99.1) typically includes management's outlook and guidance for future periods. Investors should review that document for forward-looking statements.
What does the disclaimer about 'not deemed filed' mean for investors?
The disclaimer means that the information provided in the 8-K under Item 2.02, including the press release, is furnished rather than filed. This generally means it's not subject to the strict liability provisions of Section 18 of the Securities Exchange Act of 1934, although it can still be considered 'material information' for other purposes.
04—Continue