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Oracle Announces Fiscal 2020 Third Quarter Financial Results


82774 tommycarstensen 16/3 2020 03:17
Oversigt

Jeg ved ikke, om jeg er den eneste, der interesserer mig for kvartals-regnskaber i disse virus-tider :−) Men her presse-meddelelse fra Oracle:

Oracle Announces Fiscal 2020 Third Quarter Financial Results
https://www.prnewswire.com/news-releases/oracle-annou..
- Q3 FY20 GAAP EPS up 4% to $0.79 and Non-GAAP EPS up 11% to $0.97
- Total Revenues of $9.8 billion, up 2% year-over-year and 3% in constant currency
- Cloud Services & License Support Revenues of $6.9 billion, up 4% year-over-year and 5% in constant currency
- Fusion ERP Cloud Revenues up 37% year-over-year and 38% in constant currency
- The Board of Directors increased the authorization for share repurchases by $15.0 billion

"We had an extremely strong quarter with Total Revenues growing 3% in constant currency," said Oracle CEO, Safra Catz. "Subscription revenues, made up of Cloud Services and License Support revenues, grew 5% in constant currency. These consistently growing and recurring subscription revenues now account for 71% of total company revenues, thus enabling a sequential increase in our operating margin, and double-digit non-GAAP Earnings Per Share growth in Q3."

"The Oracle Autonomous Database, the world's only fully autonomous data management system, can automatically patch security vulnerabilities while running; it keeps your data safe," said Oracle Chairman and CTO, Larry Ellison. "Oracle Autonomous Database is also both serverless and elastic. It's the only database that can instantaneously scale itself to an optimal level of CPU and IO resources. You only pay for what you use. Security and economy are two fundamental reasons why thousands of customers are now using the revolutionary new Oracle Autonomous Database in our Generation 2 Public Cloud."

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