Oracle (ORCL) Tops Q1 EPS by 2c, Approves $12B Buyback

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Go back to Oracle (ORCL) Tops Q1 EPS by 2c, Approves $12B Buyback

Q1 FY19 GAAP EPS UP 13% TO $0.57 and NON-GAAP EPS UP 18% TO $0.71

September 17, 2018 4:05 PM EDT

REDWOOD SHORES, Calif., Sept. 17, 2018 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2019 Q1 results. Total Revenues were $9.2 billion, up 1% in U.S. dollars and up 2% in constant currency, compared to Q1 last year. Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were up 2% to $7.5 billion. Cloud Services and License Support revenues were $6.6 billion, while Cloud License and On-Premise License revenues were $867 million. Without the strengthening of the U.S. dollar compared to foreign currencies, Oracle's reported GAAP and non-GAAP Total Revenues would have been... More