If there is one company that has mastered the art of the cloud, it is Salesforce.com (NYSE: CRM). It recently released its fourth quarter results that continued to outpace market expectations. And, there doesn’t appear to be any slowdown in sight.

Salesforce’s Financials

For the fourth quarter of the year, Salesforce’s revenue grew 21% over the year to $2.585 billion, above analyst projection of $2.81 billion. Adjusted EPS of $0.35 was also ahead of the market’s expected earnings of $0.33 per share.

By segment, Subscription and support revenues grew 26% to $2.66 billion, and professional services and other revenues grew 7% to $196 million. During the quarter, deferred revenue rose 28% to $7.09 billion, ahead of the market’s forecast of $6.7 billion. Its unbilled deferred revenue rose 48% over the year to $13.3 billion.

Salesforce ended the year with revenues growing 25% to $10.48 billion. Subscription and support revenues grew 25% to $9.71 billion and Professional services and other revenues grew 21% to $769 million. GAAP diluted earnings per share were $0.17, and non-GAAP diluted earnings per share came in at $1.35 for the year.

For the current year, Salesforce forecast revenues of $12.60-$12.65 billion with an adjusted EPS of $2.02-$2.04. The market was looking for revenues of $12.54 billion with an EPS of $1.74. Salesforce estimates to end the current quarter with revenues of $2.93-$2.94 billion and an EPS of $0.43-$0.44. The Street had forecast revenues of $2.9 billion with an EPS of $0.37 for the quarter.

Salesforce’s Expansion Plans

To continue to drive market expansion, Salesforce continued to enter into strategic tie-ups. Last quarter, it announced a tie-up with Alphabet that will result in the integration of Google’s G Suite and Analytics products with Salesforce’s range of cloud-based CRM products. The partnership addresses a growing need among customers – to be able to see a holistic view across Salesforce’s CRM systems and Analytics. As part of the tie-up, Google will offer a company-wide promotion to give free G Suite licenses for up to one year to all Salesforce customers that are new to G Suite. Additionally, the integration of Salesforce with Google Analytics will allow joint customers to merge sales, marketing, and advertising data stored in both systems.