Oracle (ORCL) Tops Q2 EPS by 2c

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Go back to Oracle (ORCL) Tops Q2 EPS by 2c

Q2 FY19 GAAP EPS UP 18% TO $0.61 and NON-GAAP EPS UP 16% TO $0.80

December 17, 2018 4:02 PM EST

REDWOOD SHORES, Calif., Dec. 17, 2018 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2019 Q2 results. Total Revenues were unchanged at $9.6 billion and up 2% in constant currency, compared to Q2 last year. Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were up 1% to $7.9 billion. Cloud Services and License Support revenues were $6.6 billion, while Cloud License and On-Premise License revenues were $1.2 billion.

GAAP Operating Income was up 2% to $3.1 billion and GAAP Operating Margin was 32%. Non-GAAP Operating Income was down 2% to $4.1 billion and non-GAAP... More