Summary
This 8-K/A filing from Salesforce, Inc. (CRM) on September 1, 2016, primarily serves to officially file the financial statements and related exhibits for Demandware, Inc., following Salesforce's acquisition of the company. Investors can find crucial details about Demandware's financial health, including unaudited and audited financial statements as of and for periods ending in 2014, 2015, and mid-2016. This includes financial statements for the three and six months ended June 30, 2016 and 2015, as well as audited statements for the years ended December 31, 2015 and 2014. Furthermore, the filing includes unaudited pro forma combined financial information, offering a look at how Salesforce and Demandware would have appeared financially if combined for the fiscal year ended January 31, 2016, and the six months ended July 31, 2016. This is essential for investors to understand the potential scale and financial impact of the Demandware acquisition on Salesforce's overall financial picture and future performance.
Key Highlights
- 1Official filing of Demandware, Inc.'s financial statements as part of Salesforce's acquisition.
- 2Includes unaudited condensed consolidated financial statements for Demandware as of June 30, 2016, and for periods ending June 30, 2016 and 2015.
- 3Provides audited consolidated financial statements for Demandware for the years ended December 31, 2015 and 2014.
- 4Contains unaudited pro forma combined financial information for Salesforce and Demandware for the fiscal year ended January 31, 2016.
- 5Includes pro forma financial data for the six months ended July 31, 2016, post-acquisition context.
- 6Consent of Demandware's independent auditor, Deloitte & Touche LLP, is included.
- 7Filing provides necessary documentation for investors to assess the financial impact of the Demandware acquisition.