Investor Relations

Oracle offers a comprehensive and fully integrated stack of cloud applications, platform services, and engineered systems.

NYSE: ORCL Stock Quote

Stock Quote: NYSE

Price $48.94

Change -0.26 (-0.53%) November 17, 2017 04:02 PM ET Pricing delayed 20 minutes.

More

Volume 10,035,107

Today's Open 48.99

Previous Close 49.20

Close
Contact IR
Telephone: +1.650.506.4073 E-mail: investor_us@oracle.com
More
Corporate
Headquarters
Oracle Corporation
500 Oracle Parkway
Redwood Shores, CA 94065
Telephone: +1.650.506.7000
Close

Stay Connected:

Financial News Details

Oracle Reports Q3 GAAP EPS up 40% to 14 Cents, Non-GAAP EPS up 21% to 19 Cents; GAAP Applications New License Revenues Up 77%, GAAP Total Revenues Up 18% to $3.5 Billion

March 20, 2006

Applications New License Revenues Up 77%, GAAP Total Revenues Up 18% to $3.5 Billion

REDWOOD SHORES, Calif.,   March 20, 2006 01:05 PM

News Facts

Oracle Corporation (NASDAQ: ORCL) today announced that in Q3 fiscal 2006 GAAP earnings per share were $0.14, up 40% compared to the same quarter last year. Third quarter GAAP revenues were up 18% to $3.5 billion, while quarterly GAAP net income was up 42% to $765 million. Total GAAP software revenues were up 20% to $2.8 billion with GAAP database and middleware new license revenues up 5% and GAAP applications new license revenues up 77%. GAAP services revenues were up 9% to $671 million compared to the same quarter last year.

Non-GAAP earnings per share were $0.19 in Q3, up 21% compared to the same quarter last year. Non-GAAP net income was up 23% to $1 billion compared to Q3 last year.

"We reported record revenues for the quarter and delivered non-GAAP EPS of 19 cents," said Oracle President and CFO Safra Catz. "Our non-GAAP operating margins reached record levels for the quarter as well, exceeding all previous third quarter results."

"SAP's strongest geographical region is Europe," said Oracle President Charles Phillips. "So we are especially pleased that in Europe our applications new license revenue grew in excess of 100% year-over-year. It's very satisfying to be doing well right in SAP's backyard."

"Oracle's product strategy is based on a combination of innovations and acquisitions," said CEO Larry Ellison. "Over the last several weeks we announced our internally developed Secure Enterprise Search technology, and the completion of the Siebel acquisition. As a result, Oracle now has strong product offerings in both Search and Software as a Service. These two markets are red hot and will be engines for growth for Oracle and the entire software industry for years to come."

Oracle Corporation is the world's largest enterprise software company. For more information about Oracle, including supplemental financial information, please visit Oracle on the web at www.oracle.com/investor or call Investor Relations at (650) 506-4073.

"Safe Harbor" Statement: Statements in this press release relating to Oracle's future plans and prospects are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Economic, political and market conditions could adversely affect our revenue growth and profitability through reductions in IT budgets and expenditures. (2) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, unanticipated fluctuations in currency exchange rates, delays in delivery of new products or releases, or a decline in our renewal rates for software license updates and product support. (3) We cannot assure market acceptance of new products or new versions of existing products. (4) We have an active acquisition program (including our recent acquisition of Siebel Systems, Inc.), and our acquisitions may not be successful, may involve unanticipated costs or other integration issues, or may disrupt our existing operations. (5) Periodic changes to our pricing model and sales organization could temporarily disrupt operations and cause a decline or delay in sales. (6) Intense competitive forces demand rapid technological advances and frequent new product introductions, and could require us to reduce prices. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K, as amended, and Form 10-Q, particularly under the heading "Factors That May Affect Our Future Results or the Market Price of Our Stock." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle's Investor Relations website at http://www.oracle.com/investor. All information set forth in this release is current as of March 20, 2006. Oracle undertakes no duty to update any statement in light of new information or future events.

For full financial tables visit: http://www.oracle.com/investor

Contact Info

Krista Bessinger
Oracle Investor Relations
+1.650.506.4073
krista.bessinger@oracle.com

Bob Wynne
Oracle Corporate Communications
+1.650.506.5834
bob.wynne@oracle.com

Receive E-mail Alerts

E-mail Address *
Mailing Lists *



 
Enter the code shown above.