Strong Results, Positive Outlook

Introducing Oracle’s Most Powerful Engineered System
December 9, 2018
Rich HR and Talent Solutions
December 9, 2018
Introducing Oracle’s Most Powerful Engineered System
December 9, 2018
Rich HR and Talent Solutions
December 9, 2018

Customer adoption of Oracle Cloud sees strong growth.

Oracle Corporation (NYSE: ORCL) today announced that both fiscal 2014 Q2 GAAP and non-GAAP total revenues were up 2% to $9.3 billion. GAAP new software licenses and cloud software subscriptions revenues were unchanged at $2.4 billion, while non-GAAP new software licenses and cloud software subscriptions revenues were down 1% to $2.4 billion. Both GAAP and non-GAAP software license updates and product support revenues were up 6% to $4.5 billion. Hardware Systems revenues, including hardware systems products and hardware systems support, were unchanged at $1.3 billion.

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