Oracle (ORCL) Tops Q2 EPS by 3c
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Oracle Reports GAAP EPS of $0.51; Non-GAAP EPS of $0.63
December 16, 2015 4:29 PM ESTREDWOOD SHORES, CA -- (Marketwired) -- 12/16/15 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q2 results. The strengthening of the U.S. dollar compared to foreign currencies had a significant impact on results in the quarter. Total Revenues were $9.0 billion, down 6% in U.S. dollars and unchanged in constant currency. Cloud plus On-Premise Software Revenues were $7.0 billion, down 4% in U.S. dollars and up 2% in constant currency. Total Cloud Revenues were $649 million, up 26% in U.S. dollars and up 31% in constant currency. Cloud software as a service (SaaS) and platform as a service... More
