Oracle (ORCL) Declares $0.15 Quarterly Dividend; 1.6% Yield; Approves $10B Common Stock Buyback Plan

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Oracle Reports GAAP EPS of $0.50; Non-GAAP EPS of $0.64; Without the Effect of U.S. Dollar Strengthening Both Would Have Been 4 Cents Higher

March 15, 2016 4:00 PM EDT

REDWOOD SHORES, CA -- (Marketwired) -- 03/15/16 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q3 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 3% in U.S. dollars and up 1% in constant currency. Cloud plus On-Premise Software Revenues were $7.1 billion, down 1% in U.S. dollars and up 3% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $583 million, up 57% in U.S. dollars and up 61% in constant currency. Cloud... More