Oracle (ORCL) PT Raised to $61 at Raymond James

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Go back to Oracle (ORCL) PT Raised to $61 at Raymond James

Q4 FY19 GAAP EPS UP 36% TO $1.07 and NON-GAAP EPS UP 23% TO $1.16

June 19, 2019 4:02 PM EDT

REDWOOD SHORES, Calif., June 19, 2019 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2019 Q4 results and fiscal 2019 full year results. Total Quarterly Revenues were $11.1 billion, up 1% in USD and up 4% in constant currency compared to Q4 last year. Cloud Services and License Support revenues were $6.8 billion, while Cloud License and On-Premise License revenues were $2.5 billion. Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were $9.3 billion, up 3% in USD and 6% in constant currency.

Q4 GAAP Operating Income was up 2% to $4.3 billion and GAAP operating margin was 38%.... More