Oracle Q4 Results: Oracle Tops Forecast

Oracle released it Q4 results today and has beat market expectations. Details of our Q4 results can be found here: Oracle Q4 Results

Some interesting points to note:

-“Adjusted for the substantial movement in the US dollar exchange rate this fiscal year,
which is beyond our control, we grew non-GAAP earnings per share by 19 percent for the year,”
said Oracle President Safra Catz. “That’s an amazing achievement given what’s been happening
in the global economy over the past twelve months.”

-“We executed substantially better than we expected on both the top and bottom line for
the quarter,” said Oracle CFO Jeff Epstein. “We grew Q4 non-GAAP operating margins by a
faster than expected 240 basis points to over 51 percent. That helped us generate $7.7 billion in
free cash flow for fiscal 2009.”

-“We grew faster and took market share from SAP in every region around the world,” said
Oracle President Charles Phillips. “In Europe our applications business grew 5 percent in
constant currency versus negative 27 percent growth for SAP in their most recent quarter.
Historically Europe has been an SAP stronghold, but these results prove that we can compete
and beat them everywhere.”

-“The Exadata Database Machine is well on its way to being the most successful new
product launch in Oracle’s 30 year history,” said Oracle CEO Larry Ellison. “Several of
Teradata’s largest customers are performance testing -- then buying -- Oracle Exadata Database Machines. In a recent competitive benchmark, a Teradata machine took over six hours to process a query that our Exadata Database Machine ran in less than 30 minutes. They bought Exadata.”

Comments:

Looks like the http://www.oracle.com/corporate/investor_relations/earnings/4q09-pressrelease-june.pdf is not available...

Posted by vikram on May 23, 2011 at 05:37 AM CST #

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