Or­a­cle an­nounces fis­cal 2016 Q4 re­sults

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

LAHORE—Or­a­cle Cor­po­ra­tion (NYSE: ORCL) to­day an­nounced fis­cal 2016 Q4 re­sults. To­tal Q4 Rev­enues were $10.6 bil­lion, down 1% in U.S. dol­lars and flat in con­stant cur­rency. Cloud plus On-Premise Soft­ware Rev­enues were $8.4 bil­lion, flat in U.S. dol­lars and up 2% in con­stant cur­rency. Cloud soft­ware as a ser­vice (SaaS) and plat­form as a ser­vice (PaaS) rev­enues were $690 mil­lion, up 66% in U.S. dol­lars and up 68% in con­stant cur­rency. To­tal Cloud rev­enues, in­clud­ing in­fra­struc­ture as a ser­vice (IaaS), were $859 mil­lion, up 49% in U.S dol­lars and up 51% in con­stant cur­rency.

For fis­cal 2016, To­tal Rev­enues were $37.0 bil­lion, down 3% in U.S. dol­lars and up 2% in con­stant cur­rency. Cloud plus On-Premise Soft­ware Rev­enues were $29.0 bil­lion, down 2% in U.S. dol­lars and up 3% in con­stant cur­rency. Cloud SaaS and PaaS rev­enues were $2.2 bil­lion, up 49% in U.S. dol­lars and up 52% in con­stant cur­rency. To­tal Cloud rev­enues, in­clud­ing IaaS, were $2.9 bil­lion, up 36% in U.S dol­lars and up 40% in con­stant cur­rency. Op­er­at­ing In­come was $12.6 bil­lion, and Op­er­at­ing Mar­gin was 34%. Non-GAAP Op­er­at­ing In­come was $15.8 bil­lion and non-GAAP Op­er­at­ing Mar­gin was 43%. Net In­come was $8.9 bil­lion while nonGAAP Net In­come was $11.2 bil­lion. Earn­ings Per Share was $2.07, while Non-GAAP Earn­ings Per Share was $2.61.

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