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oracle q4 results 2020

Oracle will host a conference call and live webcast at 2:00 p.m. Pacific Time to discuss the financial results. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. ORACLE CORPORATION “Exadata Cloud@Customer now enables our existing on-premise database customers to run the Oracle Autonomous Database in their own datacenter; previously, the Oracle Autonomous Database was only available in Oracle’s Gen2 Public Cloud. We believe free cash flow is also useful as one of the bases for comparing our performance with our competitors. Total quarterly revenues were up 2% year-over-year in USD and in constant currency to $9.4 billion compared to Q1 last year. The difference in our GAAP and non-GAAP tax rates in fiscal 2019 was primarily due to adjustments in our estimates for the one-time effects of the U.S. Tax Cuts and Jobs Act of 2017 (refer to Appendix A for additional information); a tax benefit arising from the increase of a deferred tax asset associated with a partial realignment of our legal structure; the net tax effects on stock-based compensation expense; and acquisition related items, including the tax effects of amortization of intangible assets. To supplement our statements of cash flows presented on a GAAP basis, we use non-GAAP measures of cash flows on a trailing 4-quarter basis to analyze cash flow generated from operations. Wednesday was not a happy hump day for Oracle (). (6) Our business practices with respect to data could give rise to operational interruption, liabilities or reputational harm as a result of governmental regulation, legal requirements or industry standards relating to consumer privacy and data protection. Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding the rate of adoption of our Autonomous Database, are "forward-looking statements" and are subject to material risks and uncertainties. The Forrester Wave : Services Providers For Oracle SaaS Business Apps, Q4 2020 Deloitte has been named a leader in Services Providers For Oracle SaaS Business Apps, Q4 2020 in The Forrester Wave™. Total … We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. Try one of the popular searches shown below. Non-GAAP operating income was $17.4 billion, and non-GAAP operating margin was 44%. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. “In Q4, non-GAAP earnings per share grew 5% in constant currency driven by strong performances in both our cloud infrastructure and cloud applications businesses,” said Oracle CEO, Safra Catz. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 last year. Cloud license and on-premise license revenues were $2.0 billion. (4) We might experience significant coding, manufacturing or configuration errors in our cloud, license and hardware offerings. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2019 and 2018 for the fiscal 2020 and fiscal 2019 constant currency growth rate calculations presented, respectively, rather than the actual exchange rates in effect during the respective periods. In addition, Oracle's Q3 results and fiscal 2020 financial tables are available on the Oracle Investor Relations website. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2019, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. 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