Oracle (ORCL) Tops Q1 EPS by 7c

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Go back to Oracle (ORCL) Tops Q1 EPS by 7c

Oracle Announces Fiscal 2021 First Quarter Financial Results

September 10, 2020 4:00 PM EDT

REDWOOD SHORES, Calif., Sept. 10, 2020 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q1 results. Total quarterly revenues were up 2% year-over-year in USD and in constant currency to $9.4 billion compared to Q1 last year. Cloud services and license support revenues were up 2% in USD and in constant currency to $6.9 billion. Cloud license and on-premise license revenues were up 9% in USD and 8% in constant currency to $886 million.

Q1 GAAP operating income was up 12% to $3.2 billion and GAAP operating margin was 34%. Non-GAAP operating income was up 9% to $4.2 billion and non-GAAP operating... More