Oracle Corp.

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Other Pre-Announcement

Oracle Reports Q1 Revenue Of $9.4 bln, beats estimates

Published: 09/10/2020 20:12 GMT
Oracle Corp. (ORCL) - Oracle Announces Fiscal 2021 First Quarter Financial Results.
Q1 Non-GAAP Earnings per Share $0.93.
Q1 GAAP Earnings per Share $0.72.
Q1 Earnings per Share Estimate $0.86 -- Refinitiv Ibes Data (analyst estimates).
Q1 Revenue $9.4 Billion Versus Refinitiv Ibes Estimate of $9.19 Billion.
Qtrly Cloud Services and License Support Revenues Were Up 2% in USD and in Constant Currency to $6.9 Billion.
Qtrly Non-GAAP Operating Margin Was 45% Versus 42% Reported Last Year.
Qtrly Cloud License and On-premise License Revenues Were Up 9% in USD and 8% in Constant Currency to $886 Million.
Qtrly Hardware Revenues $814 Million Versus $815 Million Reported Last Year.
Says Have a High Level of Confidence That Revenue Will Accelerate As Co Moves on Past Covid-19.