Oracle Corporation (NASDAQ: ORCL) has just reported earnings ahead of estimates at $0.51 adjusted EPS and $8.58 billion in revenues. Thomson Reuters had estimates for earnings of $0.46 EPS and $8.34 billion in revenue.
Oracle did not give formal guidance. For the quarter ahead, those estimates are $0.46 EPS and $8.41 billion in revenues. Shares are now $30.67 and the new year high was put in at $30.77 today; the new 52-week range is $21.24 to $30.77.
Oracle announced services were $1.19 billion, software license revenues were $2 billion and hardware system revenues were $1.75 billion. This appears to be a tad ahead of license revenue and a tad behind on hardware.
Operating margin was 32% GAAP and 44% non-GAAP. The company noted Cash and cash equivalents at $10.42 billion and marketable securities at $14.425 billion.
Oracle closed down 0.7% at $30.27 today but shares are up around $31.25 in the after-hours reaction. Shares hit a new year high of $30.77 during the trading, so that will mark yet a new high if these levels hold up.
JON C. OGG
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