Oracle Announces Fiscal 2021 Third Quarter Financial Results
- Q3 FY2021 GAAP EPS up 113% to $1.68, Non-GAAP EPS up 20% to $1.16
- Oracle Gen2 Cloud Infrastructure, including Autonomous Database revenue up over 100%
- Fusion Cloud ERP revenue up 30%, NetSuite Cloud ERP revenue up 24%
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AUSTIN, Texas, March 10, 2021 /PRNewswire/ Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q3 results. Total quarterly revenues were up 3% year-over-year to $10.1 billion. Cloud services and license support revenues were up 5% to $7.3 billion. Cloud license and on-premise license revenues were up 4% to $1.3 billion.
Q3 GAAP operating income was up 10% to $3.9 billion and GAAP operating margin was 38%. Non-GAAP operating income was up 10% to $4.8 billion and non-GAAP operating margin was 47%. GAAP net income was up 95% to $5.0 billion, and GAAP earnings per share was up 113% to $1.68. The GAAP income statement was impacted by a o
Leading Healthcare Organizations Deploy Oracle Cloud to Support Essential Workers
Oracle Cloud HCM deployed by healthcare organizations caring for more than 26 million Americans annually
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AUSTIN, Texas, Feb. 11, 2021 /PRNewswire/ Several leading healthcare organizations across the U.S. have adopted Oracle Fusion Cloud Applications to enable business process innovation and drive efficiencies that ultimately benefit patients, while continuing to respond at the frontlines of the global pandemic. Indiana University Health, Northwell Health, CarolinaEast Health System, Atrium Health, a large New York health system, and a nationally recognized integrated healthcare provider have gone live on Oracle Fusion Cloud Human Capital Management (HCM). Collectively, the healthcare organizations that deployed Oracle Cloud HCM from December 2020 to January 2021 provide care for more than 26 million Americans annually.
Oracle Helps ENGIE Manage Its 170,000 Strong Workforce
Global provider of low-carbon energy and services leverages Oracle Fusion Cloud Human Capital Management (HCM) to continue its HR transformation
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AUSTIN, Texas, Jan. 6, 2021 /PRNewswire/ Oracle announces that ENGIE, a global group that provides low-carbon energy and services, is extending its HR transformation with Oracle Fusion Cloud Human Capital Management (HCM) to support its 170,000 employees. ENGIE has built its human resources policy around the core elements of open dialogue, continuous improvement and sharing best practices.
ENGIE has expanded its use of Oracle Cloud HCM to leverage new artificial intelligence (AI) and machine learning features in Oracle Fusion Cloud Applications. By using HR data to provide support on recruitment, skills development, and internal mobility, Oracle is helping ENGIE empower its employees throughout their work and careers via on
Cloud services and licence support growth bolsters Oracle earnings
Cloud services and licence support growth bolsters Oracle earnings
But cloud licence and on-premise licence revenues fell
Larry Ellison (Oracle) Credit: Blair Hanley Frank
A revenue surge stemming from Oracle’s cloud services and licence support has helped to bolster the software giant’s financials in a second quarter that saw it weather falls in cloud licence and on-premise licence revenues.
The three months ending 30 November saw Oracle post a 4 per cent year-on-year increase in cloud services and licence support revenues, to US$7.1 billion.
At the same time, the company revealed a 3 per cent year-on-year fall in cloud licence and on-premise licence revenues, to US$1.1 billion. Total quarterly revenues, meanwhile, were up by 2 per cent, year-over-year, to US$9.8 billion.