Oracle (ORCL) Reports In-Line Q1 EPS

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Q1 FY20 GAAP EPS Up 11% To $0.63 And Non-GAAP EPS Up 14% To $0.81

September 11, 2019 4:07 PM EDT

REDWOOD SHORES, Calif., Sept. 11, 2019 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q1 results. Total Revenues were $9.2 billion, slightly higher in USD and up 2% in constant currency compared to Q1 last year. Cloud Services and License Support revenues were $6.8 billion, while Cloud License and On-Premise License revenues were $812 million.

GAAP Operating Income was up 4% to $2.9 billion and GAAP Operating Margin was 31%. Non-GAAP Operating Income was up 2% to $3.8 billion and non-GAAP Operating Margin was 42%. GAAP Net Income was $2.1 billion and non-GAAP Net Income was $2.8 billion. GAAP Earnings Per Share was... More