Revenue reached $177.3 million, up 35 percent from $131.8 million in last year's corresponding period. In this week's earnings webcast, CEO Zach Nelson indicated continued strong growth lies ahead because "more than half our sales reps have less than a year's tenure" and because it takes about a year for reps to fully develop "Their impact is beginning to take effect." Nelson cited particularly strong growth in retail with revenue their rising by more than 200 percent over the year-earlier quarter. The P&L shows sales and marketing expenses rose to $95.8 million, an increase of 37.4 percent from slightly less than $70 million. Overall, expenses rose by 41 percent to $154 million. For those murmuring, "will the company ever be profitable?" remember we once asked that same question about Amazon. Meanwhile, Nelson teed off on his favorite target, SAP, describing that company's decline in license revenue as "SAP is enjoying its own great recession with no light at the end of the tunnel." He then dismissed all of the competition. "There hasn't been any innovation in the space were in for 20 years. We're up against a bunch of dinosaurs."