Larry Ellison and friends showed that new software licenses and cloud subscriptions were up a combined 17% to $2.4 billion. Software license updates and product support revenues were up 7% to $4.3 billion. Hardware systems products revenues were $734 million.
The company also highlighted that its trailing twelve months of operating cash flow was $13.5 billion. It further stated that some $10.2 billion was returned to holders as it repurchased some 350 million Oracle shares over the same 12-month period.
We would consider the report somewhat incomplete until you get guidance in the conference call. For the existing quarter, analysts expect earnings of $0.66 EPS and $9.46 billion in revenue.
Without knowing what guidance will be, Oracle shares closed up 1.7% at $32.88 and just short of the $33.29 high of the last 52-week period. Now we have shares up at $33.60 in the after-hours session.
Mark that as a new 52-week high!
JON C. OGG
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