Enterprise software provider Salesforce.com has reported a 28% rise in its revenue during the first quarter of 2013 to $893m, compared to the corresponding quarter previous year.
The subscription and support revenues of the company grew 29% on a year-over-year (YoY) basis to $842m while its professional services and other revenues increased 25% YoY to $50m.
Salesforce.com chairman and CEO, Marc Benioff, said: "Salesforce.com delivered another quarter of strong growth, with constant currency revenue, deferred revenue, and operating cash flow all growing 30% or more year-over-year."
During the first quarter, Salesforce.com reported net loss $0.12 per share while the non-GAAP diluted earnings per share was $0.10.
For the quarter, the cash generated from operations for quarter was $283m, a 33% increase on a YoY basis.
The company expects to register a 27% to 28% year-over-year increase in its revenue to $931m during the second quarter of the year.
For the full fiscal year of 2014, the company expects the revenue to be in the range of $3.835bn to $3.875bn, a 26% to 27% year-over-year growth.
