Oracle (ORCL) Tops Q2 EPS by 2c

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Go back to Oracle (ORCL) Tops Q2 EPS by 2c

Q2 FY20 GAAP EPS UP 14% TO $0.69 and NON-GAAP EPS UP 12% TO $0.90

December 12, 2019 4:00 PM EST

REDWOOD SHORES, Calif., Dec. 12, 2019 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q2 results. Total Revenues were $9.6 billion, up 1% in USD and in constant currency compared to Q2 last year. Cloud Services and License Support revenues were $6.8 billion, while Cloud License and On-Premise License revenues were $1.1 billion.

GAAP Operating Income was up 3% to $3.2 billion, and GAAP Operating Margin was 33%. Non-GAAP Operating Income was $4.0 billion, and non-GAAP Operating Margin was 42%. GAAP Net Income was $2.3 billion, and non-GAAP Net Income was $3.0 billion. GAAP Earnings Per Share was up 14% to $0.69, while non-GAAP Earnings... More