Oracle Corp Reports Record 4Q Earnings: Adjusted Revenue Meets Estimates

• Oracle reported 4Q adjusted revenue of $13.84 billion, meeting the estimated $13.72 billion.
• Revenue in constant currency was up 18%, higher than the estimated 17.6%.
• Cloud services and license support revenue was $9.37 billion, a 23% year-on-year increase.
• Cloud license and on-premise license revenue was $2.15 billion, a 15% year-on-year decrease.
• Hardware revenue was $850 million, a 0.7% year-on-year decrease.
• Service revenue was $1.47 billion, a 76% year-on-year increase.
• Adjusted operating income was $6.16 billion, a 10% year-on-year increase.
• Adjusted operating margin was 44%, compared to 47% the year before.
• Oracle’s cloud applications and infrastructure businesses grew at a combined rate of 50% in constant currency.
• Oracle’s GPU clusters are built using the highest-bandwidth and lowest-latency RDMA network.
• Mosaic ML, Adept AI, Cohere plus 30 other AI development companies have recently signed contracts to purchase more than $2 billion of capacity in Oracle’s Gen2 Cloud.

A look at Oracle Corp Smart Scores

Oracle Corp is a software company that provides enterprise information management solutions. With its Smartkarma Smart Scores, the company has a strong long-term outlook. Oracle has a value score of None, a dividend score of 1, a growth score of 3, a resilience score of 5, and a momentum score of 5. This indicates that the company is well-positioned to continue delivering value and is making steady progress towards long-term growth.

These ratings are based on a 1-5 scoring system, with 5 being the highest score. Oracle’s resilience and momentum scores are particularly impressive, indicating that the company is resilient in the face of external challenges and has strong momentum for future growth. This bodes well for the long-term outlook of Oracle Corp.

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