Performance Highlights. (6) Our business practices with respect to data could give rise to operational interruption, liabilities or reputational harm as a result of governmental regulation, legal requirements or industry standards relating to consumer privacy and data protection. Profit, excluding some items, will be $1.09 to $1.13 a share in the current quarter, Catz said. Shares were little changed in extended trading after closing at $59.48 in New York. Enabling all our on-premise database customers to upgrade and run Oracle’s latest and best database technology in their own data center should dramatically accelerate the rate of adoption of the Oracle Autonomous Database…especially by our largest customers including banks and governments that are not currently planning to move their largest and most critical systems to a public cloud.”. Cloud license and on-premise license revenues were $2.0 billion. Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. “Leading the way was our Fusion Cloud ERP Suite that grew 35% in constant currency, and our Fusion Cloud HCM Suite grew 29% in constant currency. - Fusion ERP cloud revenue up 33%, NetSuite ERP cloud revenue up 23% REDWOOD SHORES, Calif., Sept. 10, 2020 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q1 results. Oracle undertakes no duty to update any statement in light of new information or future events. (Reuters) - Oracle Corp reported quarterly revenue in line with Wall Street estimates on Thursday, as remote work trends boosted cloud product and software licensing sales. But Gartner says Oracle is a “niche player” in a market led by Amazon, followed by Microsoft and Google. Subscribe for 12 months of unlimited access to constantly updated digital Oracle Cloud Learning Subscriptions. Oracle's revenue in its largest category of sales, Cloud services and license support, rose 4%, year over year, to $7.11 billion. We suggest you try the following to help find what you’re looking for: Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. Short-term deferred revenues were $8.0 billion. We'll focus on those five big vendors and their prospects. “In Q4, non-GAAP earnings per share grew 5% in constant currency driven by strong performances in both our cloud infrastructure and cloud applications businesses,” said Oracle CEO, Safra Catz. Oracle Beats Quarterly Profit Estimates on Cloud Services Boost By Reuters , Wire Service Content Dec. 10, 2020 By Reuters , Wire Service Content Dec. 10, 2020, at 4:12 p.m. Non-GAAP operating income was down 2% YoY to $5.1 billion, and non-GAAP operating margin was 49%. Oracle and Java are registered trademarks of Oracle and/or its affiliates. The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly-Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. GAAP net income was $3.1 billion, and non-GAAP net income was $3.8 billion. Revenue Management works with any source application and is integrated with Oracle Financials Cloud, Project Financial Management Cloud, and Oracle E-Business Suite Release 12.1.3 or higher. Operating cash flow was $13.1 billion during the trailing twelve months. You'll probably have Oracle and SAP, too. Use synonyms for the keyword you typed, for example, try “application” instead of “software.”. Analysts, on average, projected $9.94 billion, according to data compiled by Bloomberg. Our overall business did remarkably well considering the pandemic, but our results would have been even better except for customers in the hardest-hit industries that we serve such as hospitality, retail, and transportation postponing some of their purchases. That metric includes sales from hosting customers’ data in the cloud, but a large portion is generated by maintenance fees for traditional software kept on clients’ corporate servers. Oracle is trying to become a technology partner and cloud computing services provider to ByteDance Ltd.’s TikTok in its bid to land major customers for its public cloud, but the deal remains mired in U.S. regulatory review. That compares to a 2% rise in the prior quarter. Overall, Microsoft’s Q1 and Q2 combined commercial cloud business revenue is now reported to be $20.6 billion, a 40% growth on H1 2018. X Oracle Learning Subscriptions Feedback Prepare For Oracle Financials Cloud Revenue Management 2020 Certification Oracle PPM Cloud, In App Oracle Learning, Oracle Training Tips Oracle Cloud Training as a Service Revenue methods are used to calculate revenue amounts for contracts. Other names may be trademarks of their respective owners. Best Value Unlimited Cloud Learning Subscription. Still, for the third year in a row, we delivered double-digit constant currency earnings per share growth in FY20.”, “In Q4, we launched a vastly improved version of our Exadata Cloud@Customer service,” said Oracle Chairman and CTO, Larry Ellison. This dividend will be paid to stockholders of record as of the close of business on July 15, 2020, with a payment date of July 28, 2020. For more information about Oracle (NYSE:ORCL), visit us at www.oracle.com or contact Investor Relations at investor_us@oracle.com or (650) 506-4073. In Oracle Project Portfolio Management Cloud, or Oracle PPM Cloud, revenue methods are applied to project contracts in order to recognize revenue. Total quarterly revenues were up 2% year-over-year in USD and in constant currency to $9.4 billion … Customer interest in the firm’s internet-based applications has finally offset declining demand for its legacy tools. Cloud services and license support, Oracle’s largest business segment, generated $7.11 billion in second-quarter revenue, up 4% year over year and above the $7.04 billion consensus estimate among analysts. Cloud license and on-premise license revenue fell 3 percent to $1.09 billion, hardware revenue fell 3 percent to $844 million, and services revenue fell 7 percent to $752 million. 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