Oracle (ORCL) Declares $0.15 Quarterly Dividend; 1.3% Yield
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Total Cloud Revenues Up 28% but Would Have Been Up 34% in Constant Currency
June 17, 2015 4:00 PM EDTREDWOOD SHORES, CA -- (Marketwired) -- 06/17/15 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2015 Q4 results. The results were significantly impacted by the strengthening of the U.S. dollar compared to foreign currencies. Total Q4 Revenues were $10.7 billion, down 5% but would have been up 3% without the strengthening of the U.S. dollar. Software and Cloud Revenues were $8.4 billion, down 6%, but up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $416 million, growing 29%, and up 35% in constant currency. Cloud infrastructure as a service (IaaS) revenues were $160 million,... More
