You may listen to the call by dialing (816) 287-5563, Passcode: 425392. (8) Our international sales and operations subject us to additional risks that can adversely affect our operating results. Oracle reported that cloud license and on-premise license sales decreased 3% to $1.09 billion in fiscal second quarter, suggesting the company … But it doesn’t remotely compare to Oracle Autonomous Database.”. Still, for the third year in a row, we delivered double-digit constant currency earnings per share growth in FY20.”, “In Q4, we launched a vastly improved version of our Exadata Cloud@Customer service,” said Oracle Chairman and CTO, Larry Ellison. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." GAAP earnings per share was $0.99, while non-GAAP earnings per share was up 3% YoY to $1.20. - Fusion ERP cloud revenue up 33%, NetSuite ERP cloud revenue up 23% REDWOOD SHORES, Calif., Sept. 10, 2020 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q1 results. Oracle, which belongs to the Zacks Computer - Software industry, posted revenues of $9.80 billion for the quarter ended November 2020, surpassing the Zacks Consensus Estimate by … Total revenue rose 2% to $9.8 billion in the second quarter ended November 30. Revenue Management also provides “So it’s doing extremely well. And then there may be a dose of Workday as well as Adobe. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 last year. (9) Acquisitions present many risks and we may not achieve the financial and strategic goals that were contemplated at the time of a transaction. Q4 FY2020 Fusion ERP cloud revenue, up 32% year-over-year (YoY), Q4 FY2020 Fusion HCM cloud revenue, up 27% YoY, Q4 FY2020 EPS of $0.99 and non-GAAP EPS of $1.20, up 3% YoY and 5% in constant currency, FY2020 EPS of $3.08 and non-GAAP EPS of $3.85, up 9% YoY and 11% in constant currency. Check the spelling of your keyword search. Software as a service is expected to be the largest revenue slice of the cloud pie. Oracle reported total fiscal 2020 Q4 revenues were $10.4 billion, down 6% year-over-year compared to Q4 last year. Customer interest in the firm’s internet-based applications has finally offset declining demand for its legacy tools. Revenue: $9.80 billion, vs. $9.79 billion as expected by analysts, according to Refinitiv. In Oracle Project Portfolio Management Cloud, or Oracle PPM Cloud, revenue methods are applied to project contracts in order to recognize revenue. Have a confidential tip for our reporters? Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q2 results. That metric includes sales from hosting customers’ data in the cloud, but a large portion is generated by maintenance fees for traditional software kept on clients’ corporate servers. Try one of the popular searches shown below. ... 2020 Silicon Valley Structures . Cloud license and on-premise license revenues were $2.0 billion. Cloud license and on-premises license revenue fell 22%, to a little under $2 billion. Cloud services and license support revenues were $27.4 billion, up 3% YoY and 4% in constant currency. You'll probably have Oracle and SAP, too. Revenue Management works with any source application and is integrated with Oracle Financials Cloud, Project Financial Management Cloud, and Oracle E-Business Suite Release 12.1.3 or higher. GAAP earnings per share increased 4% to $3.08, while non-GAAP earnings per share was up 9% to $3.85. Cloud services and license support, Oracle’s largest business segment, generated $7.11 billion in second-quarter revenue, up 4% year over year and above the $7.04 billion consensus estimate among analysts. Among the highlights of financial performance were: Total Quarterly Revenues of up 2 percent to $9.8 billion. GAAP net income was $10.1 billion, while non-GAAP net income was $12.7 billion. Cloud license and on-premise license revenues were $5.1 billion. (5) If the security measures for our products and services are compromised and as a result, our customers' data or our IT systems are accessed improperly, made unavailable, or improperly modified, our products and services may be perceived as vulnerable, our brand and reputation could be damaged, the IT services we provide to our customers could be disrupted, and customers may stop using our products and services, all of which could reduce our revenue and earnings, increase our expenses and expose us to legal claims and regulatory actions. Oracle Corp. gave a better-than-expected forecast for quarterly revenue, in a sign of improving demand for the software giant’s cloud computing technology after years of stagnant sales. Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. We'll focus on those five big vendors and their prospects. Certification Overview. Total quarterly revenues were up 2% year-over-year in USD and in constant currency to $9.4 billion … Fiscal 2020 GAAP operating income was $13.9 billion, and GAAP operating margin was 36%. Cloud services and license support revenues were $27.4 billion, up 3% YoY and 4% in constant currency. Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding the rate of adoption of our Autonomous Database, are "forward-looking statements" and are subject to material risks and uncertainties. Oracle reported that cloud license and on-premise license sales decreased 3% to $1.09 billion in fiscal second quarter, suggesting the company is signing fewer new software deals. Before it's here, it's on the Bloomberg Terminal. In addition, Oracle’s Q4 results and fiscal 2020 financial tables are available on the Oracle Investor Relations website. Oracle PPM Cloud, In App Oracle Learning, Oracle Training Tips Oracle Cloud Training as a Service Revenue methods are used to calculate revenue amounts for contracts. Owning a 7.7% public cloud market share according to Gartner, Alibaba has annual revenues of $2.49 billion, and … Operating cash flow was $13.1 billion during the trailing twelve months. Yes, as per Trefis estimates Oracle(NYSE: ORCL) will see a growth of 1.1% in its top line for FY 2020 (ended May 2020). (2) Our success depends upon our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services. The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly-Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. Analyst's were expecting revenue of $9.79 … December 10, 2020 (Reuters) – Oracle Corp beat Wall Street estimates for second-quarter profit and revenue on Thursday, as remote work trends boosted cloud … Manage my certifications. We suggest you try the following to help find what you’re looking for: Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. Sales climbed 1.9% to $9.8 billion in the fiscal second quarter, which ended Nov. 30, the Redwood Shores, California-based company said earlier in a statement, in line with analysts’ expectations of $9.79 billion. “In Q4, non-GAAP earnings per share grew 5% in constant currency driven by strong performances in both our cloud infrastructure and cloud applications businesses,” said Oracle CEO, Safra Catz. Executives didn’t provide an update on the proposal Thursday. “Snowflake is a decent product, a good product, I think, and it’s just killing RedShift over at Amazon,” he said. For starters, you're likely to have Salesforce in your company. That compares to a 2% rise in the prior quarter. “Exadata Cloud@Customer now enables our existing on-premise database customers to run the Oracle Autonomous Database in their own datacenter; previously, the Oracle Autonomous Database was only available in Oracle’s Gen2 Public Cloud. Europe Moves to Isolate U.K. as Mutant Virus Ruins Christmas, U.K.’s Hancock Says New Covid Mutation Is ‘Out of Control’, A Speculative Frenzy Is Sweeping Wall Street and World Markets, Moderna to Begin Delivery; London Lockdown Ordered: Virus Update. For fiscal 2020, total revenues were $39.1 billion, down 1% YoY and flat in constant currency. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. Oracle Revenue Management Cloud Service 2020 Certified Implementation Specialist. Alibaba. Oracle is trying to become a technology partner and cloud computing services provider to ByteDance Ltd.’s TikTok in its bid to land major customers for its public cloud, but the deal remains mired in U.S. regulatory review. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 last year. Catz and Executive Chairman Larry Ellison have tried to focus on cloud computing services in an effort to revive languid revenue growth at the world’s second-largest software maker. Cloud services and license support revenues were $6.8 billion, up … Updates with revenue and profit forecasts in second paragraph. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. Quick... Apple Shuts Stores in California and London as Covid Surges, At Least 200 Victims Identified in Suspected Russian Hacking, U.K. Says Virus Strain Afflicting London Spreads More Easily. Oracle Learning Subscriptions | Learn Oracle from Oracle. The board of directors declared a quarterly cash dividend of $0.24 per share of outstanding common stock. Ellison sought to reassure investors that Oracle will continue to lead the market for databases, the company’s signature product, and asserted that Oracle’s tool is “much faster” than the one sold by Snowflake Inc., a company that has seen its market value more than triple to almost $106 billion since its mid-September initial public offering. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. 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