Oracle: EPS up 17% in Q1
(CercleFinance.com) - Oracle has announced its results for the 1st quarter of fiscal year 2025.
Total quarterly sales rose 7% year-on-year and 8% at constant exchange rates to $13.3 billion.
Cloud services revenues rose by 21% and 22% at constant exchange rates to $5.6 billion. Revenues from cloud and on-premises licenses increased by 7% and 8% at constant exchange rates to $870 million.
GAAP operating profit amounted to $4.0 billion. Non-GAAP operating profit was $5.7 billion, up 13% and 14% at constant exchange rates.
GAAP net income was $2.9 billion. Non-GAAP net income amounted to $4.0 billion, up 18% and 19% at constant exchange rates.
GAAP earnings per share were $1.03, up 20% and 22% at constant exchange rates, while non-GAAP earnings per share were $1.39, up 17% and 18% at constant exchange rates.
' As cloud services have become Oracle's largest business, growth in our operating profit and earnings per share has accelerated ', noted Oracle CEO Safra Catz.
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Total quarterly sales rose 7% year-on-year and 8% at constant exchange rates to $13.3 billion.
Cloud services revenues rose by 21% and 22% at constant exchange rates to $5.6 billion. Revenues from cloud and on-premises licenses increased by 7% and 8% at constant exchange rates to $870 million.
GAAP operating profit amounted to $4.0 billion. Non-GAAP operating profit was $5.7 billion, up 13% and 14% at constant exchange rates.
GAAP net income was $2.9 billion. Non-GAAP net income amounted to $4.0 billion, up 18% and 19% at constant exchange rates.
GAAP earnings per share were $1.03, up 20% and 22% at constant exchange rates, while non-GAAP earnings per share were $1.39, up 17% and 18% at constant exchange rates.
' As cloud services have become Oracle's largest business, growth in our operating profit and earnings per share has accelerated ', noted Oracle CEO Safra Catz.
Copyright (c) 2024 CercleFinance.com. All rights reserved.