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Oracle Reports Fiscal Q4 2012 Earnings

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Oracle Reports Fiscal Q4 2012 Earnings
[ Business]

Yesterday, Oracle released their Q4 2012 fiscal results. The company has had a big year and overall, things are looking up.

GAAP revenues for the quarter are up 1% to almost $11 billion. Non-GAAP total revenues were also up 1% and came in at exactly $11 billion.

New software license revenues for both GAAP and non-GAAP, were up 7% to $4.0 billion. Software license updates and product support revenues, GAAP and non-GAAP were up 5% to $4.2 billion.

Systems products revenues for GAAP and non-GAAP were down 16% to $977 million. Operating income (GAAP) was up 5% to $4.6 billion, and operating margin (also GAAP) was 42%.

For non-GAAP, operating income was up 5% to $5.5 billion, and operating margin was 50%. Non-GAAP net income came in at $4.1 billion, up 7%, while GAAP net income came in at $3.5 billion, up 8%.

GAAP earnings per share were $0.69, up 11% compared to last year, while non-GAAP earnings per share were up 10% to $0.82. Operating cash flow (GAAP) for fiscal year 2012 was $13.7 billion, up 23% compared to last year.

Here’s what Oracle had to say in their earnings report:

Without the impact of the US dollar strengthening compared to foreign currencies, Oracle’s reported Q4 GAAP earnings per share would have been $0.03 higher at $0.72, up 16%, and Q4 non-GAAP earnings per share would have been $0.04 higher at $0.86, up 15%. Both GAAP and non-GAAP total revenues also would have been up 5%, GAAP new software license revenues would have been up 11%, non-GAAP new software license revenues would have been up 12% and both GAAP and non-GAAP hardware systems products revenues would have been down 13%.

For fiscal year 2012, GAAP total revenues were up 4% to $37.1 billion, while non- GAAP total revenues were up 4% to $37.2 billion. GAAP new software license revenues were up 7% to $9.9 billion. Non-GAAP new software license revenues were up 8% to $9.9 billion.GAAP software license updates and product support revenues were up 10% to $16.2 billion, while non-GAAP software license updates and product support revenues were up 9% to $16.3 billion. Both GAAP and non-GAAP hardware systems products revenues were $3.8 billion.

GAAP operating income was up 14% to $13.7 billion, and GAAP operating margin was 37%. Non-GAAP operating income was up 8% to $17.2 billion, and non-GAAP operating margin was 46%. GAAP net income was up 17% to $10.0 billion, while non-GAAP net income was up 10% to $12.5 billion. GAAP earnings per share were $1.96, up 18% compared to last year while non- GAAP earnings per share were up 11% to $2.46.

Oracle President, Mark Hurd comments on the results of the fourth quarter:

“Our engineered systems business is now operating at well over a billion dollar revenue run rate,”

“For the year, the Exadata, Exalogic, Exalytics, SPARC SuperCluster and the Oracle Big Data Appliance product group grew over 100% year-over-year.”

Oracle President and CFO, Safra Catz comments on the results of the fourth quarter:

“Our record-breaking fourth quarter featured several all-time highs for Oracle: new software license sales of $4 billion, total software revenue of $8 billion, total revenue of $11 billion, and EPS of 82 cents,”

“For the fiscal year, we also set all-time highs for operating margins of 46%, and operating cash flow of $13.7 billion.”

Oracle Chief Executive Officer, Larry Ellison comments on the results of the fourth quarter:

“The development of Oracle Cloud is strategic to increasing the size and profitability of Oracle’s software business,”

“Our Oracle Cloud SaaS business is nearly at a billion dollar revenue run rate, the same size as our engineered systems hardware business. The combination of engineered systems and the Oracle Cloud will drive Oracle’s growth in FY 2013.”

Oracle Reports Fiscal Q4 2012 Earnings


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  • http://www.objectfrontier.com OFS

    Great information..

    Thanks Oracle and his team

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