Oracle: exceeds expectations in Q1
(CercleFinance.com) - On Monday night Oracle unveiled adjusted net income (non-GAAP) of 2.
8 billion dollars for Q1 2018-19, meaning EPS that is up 18% at 71 cents, above the consensus of 68 cents.
The Enterprise Software Publisher's revenues increased 1% to 9.2 billion dollars (+2% in local currency). The group boasts nearly 5,500 customer accounts for Fusion Cloud ERP and over 15,000 for NetSuite Cloud ERP.
Oracle CEO, Safra Catz said “That strong earnings per share growth rate increases my confidence that we will deliver on another fiscal year of double-digit non-GAAP earnings per share growth.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.
8 billion dollars for Q1 2018-19, meaning EPS that is up 18% at 71 cents, above the consensus of 68 cents.
The Enterprise Software Publisher's revenues increased 1% to 9.2 billion dollars (+2% in local currency). The group boasts nearly 5,500 customer accounts for Fusion Cloud ERP and over 15,000 for NetSuite Cloud ERP.
Oracle CEO, Safra Catz said “That strong earnings per share growth rate increases my confidence that we will deliver on another fiscal year of double-digit non-GAAP earnings per share growth.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.