Salesforce.com Inc. just recorded another record quarter.

The provider of Internet-hosted technology and services for managing sales staffs and customer data generated $1.92 billion in sales in its first fiscal quarter ended April 31, up 27.2% from $1.51 billion a year ago.

“We began fiscal 2017 with a record number of large transactions, more than any other first quarter in our history as a company,” Keith Block, vice chairman, president and chief operating officer, told investors in a Q1 earnings call on Wednesday, according to a transcript from Seeking Alpha. The company’s successful first quarter inspired it to raise revenue guidance for fiscal 2017 by about $40 million to a projected total of $8.16 billion to $8.20 billion.

Salesforce attributes part of its Q1 growth to expanded or new relationships with client companies, including one customer that processed a nine-figure transaction, meaning it was a minimum of $100,000,000. Block declined to name the company. But other companies that deployed Salesforce in Q1 include: Accenture PLC, a global technology and consulting firm; electronics manufacturer Samsung Electronics Co., which deployed Salesforce companywide to standardize business-to-business operations; and Amazon.com Inc.

“In Q1 we signed a significant and strategic agreement with Amazon,” Block said. “We are now their companywide customer platform, and this is a huge expansion of our relationship with them.”

Block said Salesforce is a customer of Amazon Web Services, Amazon’s cloud computing service, and is “exploring ways so we can use AWS more aggressively.”

“I think you continue to see more announcements between Salesforce and Amazon, and you will see our partnership and strategic alliance with them continue to grow and develop,” he added.

Salesforce’s revenue increased across each of its main software lines for managing sales, services and marketing: Sales Cloud increased 15%; Service Cloud 32%; and Marketing Cloud 29%. In addition, revenue increased 45% from companies using the Salesforce1 technology platform to build customized business applications, such as mobile apps for sharing contract information between sales reps and customers.

The company also introduced in the quarter general availability of its Financial Services Cloud and Health Cloud business management applications. “We had several customers sign up in the quarter,” Block said.

SureGrip Footwear, a manufacturer of slip-resistant footwear, in 2016 is also scheduled to deploy Pardot by Salesforce, an online marketing tool that will allow SureGrip to more easily understand and market to customers based on their industry and interests, the company says. The software will draw on customer order history and related data maintained in SureGrip’s Salesforce customer relationship management system. 

Geographically, the Americas regions represented 74% of Q1 sales; Europe, 17%; and Asia-Pacific, 9%.
Salesforce is listed as a provider of customer relationship management, or CRM, technology by 17 companies in the B2B E-Commerce 300. Amazon is ranked in the B2B E-Commerce 300 as No. 37.

For its first quarter ended April 31, 2016, Salesforce reported:

• Net revenue of $1.92 billion, up 27.2% from $1.51 billion a year earlier;
• Subscription and support revenue of $1.78 billion, up 26.2% from $1.41 billion;
• Professional services revenue of $141.11 million, up 33.3% from $105.88 million;
• Operating expenses of $1.37 billion, up 24.5% from $1.10 billion;
• Net income of $38.76 million, up from $4.09 million; net income benefitted from a more than $15 million benefit from income taxes compared with a year earlier.

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