Oracle (ORCL) Tops Q4 EPS by 11c, Cloud Revenue Up 58%
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Q4 FY17 GAAP EPS UP 15% TO $0.76 and NON-GAAP EPS UP 10% TO $0.89
June 21, 2017 4:00 PM EDT
REDWOOD SHORES, Calif., June 21, 2017 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q4 results and fiscal 2017 full year results. Comparing Q4 2017 to Q4 last year, SaaS (Software as a Service) cloud revenues were up 67% to $964 million, and non-GAAP SaaS revenues were up 75% to $1.0 billion. Cloud PaaS (Platform as a Service) plus IaaS (Infrastructure as a Service) revenues were up 40% to $397 million, and non-GAAP PaaS plus IaaS revenues were up 42% to $403 million. Total cloud revenues were up 58% to $1.4 billion, and non-GAAP total cloud revenues were up 64%... More
