Cash Flows From Operating Activities: Net income $ 4,693 $ 4,448. At Oracle Corporation, we promise to treat your data with respect and will not share your information with any third party. WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: We compare the percent change in the results from one period to another period using constant currency disclosure. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Total quarterly … We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our success depends upon our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services. About OracleThe 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. A live and replay webcast will be available on the Oracle Investor Relations website at http://www.oracle.com/investor. In the prior quarter revenue increased by almost 2%. Other names may be trademarks of their respective owners. (5) If the security measures for our products and services are compromised and as a result, our data, 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. Transcribe Your Own Content CONDENSED CONSOLIDATED BALANCE SHEETS ($ in millions) August 31, May 31, 2020. Mumbai, India, August 11, 2020: Oracle Financial Services Software Limited (Reuters: ORCL.BO and ORCL.NS), a majority-owned subsidiary of Oracle, today announced results for the quarter ended June 30, 2020. Shares of Oracle (NYSE:ORCL) moved higher by 3.36% after the company reported Q1 results.. Quarterly Results. AND
We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To access the live webcast, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. (3) Our cloud strategy, including our Oracle Cloud Software-as-a-Service and Infrastructure-as-a-Service offerings, may adversely affect our revenues and profitability. Oracle's Mark Hurd, who was hired by founder Larry Ellison in 2010, is taking a leave of absence, the company said on Wednesday. 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. Total Revenues were $9.2 billion, slightly higher in USD and up 2% in constant currency compared to Q1 last year. Q1 GAAP operating income was up 12% to $3.2 billion and GAAP operating margin was 34%. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. If you experience any issues with this process, please contact us for further assistance. Read the full transcript of the conference call here. --Oracle Corporation today announced fiscal 2021 Q1 results. This dividend will be paid to stockholders of record as of the close of business on October 8, 2020, with a payment date of October 22, 2020. 19 mins Brown-Forman Corporation (BF.B) CEO Lawson Whiting on Q2 2021 Results – Earnings Call Transcript Seeking Alpha 20 mins My Top 3 Pre-Deal SPACs For 2021 Seeking Alpha 24 mins Toll Brothers, Inc. (TOL) CEO Douglas Yearley on Q4 2020 Results … Cloud license and on-premise license revenues were up 9% in USD and 8% in constant currency to $886 million. ET. Oracle undertakes no duty to update any statement in light of new information or future events. Stock-based compensation was included in the following GAAP operating expense categories: Estimated future annual amortization expense related to intangible assets as of August 31, 2020 was as follows: Income tax effects were calculated reflecting an effective GAAP tax rate of 13.3% and 13.9% in the first quarter of fiscal 2021 and 2020, respectively, and an effective non-GAAP tax rate of 19.1% and 19.8% in the first quarter of fiscal 2021 and 2020, respectively. Q1 FISCAL 2021 FINANCIAL RESULTS
TrademarksOracle and Java are registered trademarks of Oracle and/or its affiliates. We compare the percent change in the results from one period to another period using constant currency disclosure. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects: View original content:http://www.prnewswire.com/news-releases/oracle-announces-fiscal-2021-first-quarter-financial-results-301127916.html. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. For more information about Oracle (NYSE:ORCL), visit us at www.oracle.com or contact Investor Relations at investor_us@oracle.com or (650) 506-4073. All information set forth in this press release is current as of September 10, 2020. The board of directors declared a quarterly cash dividend of $0.24 per share of outstanding common stock. Prepaid expenses and other current assets, Accrued compensation and related benefits, Notes payable and other borrowings, non-current, CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS. The Board of Directors increased the authorization for share repurchases by $15 billion. GAAP Operating Income was up 4% to $2.9 billion and GAAP Operating Margin was 31%. Welcome to Oracle’s Second Quarter 2021 Earnings Conference Call. Corporate Participants: Ken Bond — Senior Vice President of Investor Relations. (2) Our cloud strategy, including our Oracle Software as a Service and Infrastructure as a Service offerings, may adversely affect our revenues and profitability. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) The COVID-19 pandemic has affected how we and our customers are operating our respective businesses, and the duration and extent to which this will impact our future results of operations and our overall financial performance remains uncertain. Revenue: $9.37 billion, vs. $9.19 billion as expected by analysts, according to Refinitiv. Presentation: Operator. 1,275 Crore, up 5% Quarter over Quarter and down Year over Year5% CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ($ in millions) Three Months Ended August 31, 2020. This presentation includes non-GAAP measures. Quarterly revenues were $ 39.1 billion, up 3 % in USD and up 2 % in and. A high level of confidence that our revenue will accelerate as we move on past COVID-19 4 % to 3.2. 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