Oracle Announced Q3 Results: GAAP And Non-GAAP Total Revenues Of $9 Billion And $9.1 Billion

Posted on Mar 21 2012 - 8:56am by Editorial Staff

Oracle Corporation announced fiscal 2012 Q3 GAAP total revenues were up 3% to $9.0 billion, and non-GAAP total revenues were up 3% to $9.1 billion. “Oracle is on track to deliver the highest operating margins in our history this year,” said Oracle President and CFO, Safra Catz. “Oracle can achieve these record margins as an integrated hardware and software company because we are focusing on high margin systems where hardware and software are engineered to work together.” The Board of Directors also declared a quarterly cash dividend of $0.06 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on April 11, 2012, with a payment date of May 2, 2012.

Financial Highlights:

  • Q3 GAAP total revenues were up 3% to $9.0 billion, and non-GAAP total revenues were up 3% to $9.1 billion.
  • Both GAAP and non-GAAP new software license revenues were up 7% to $2.4 billion.
  • Both GAAP and non-GAAP software license updates and product support revenues were up 8% to $4.1 billion.
  • Both GAAP and non-GAAP hardware systems products revenues were down 16% to $869 million.
  • GAAP operating income was up 11% to $3.3 billion, and GAAP operating margin was 37%. Non-GAAP operating income was up 8% to $4.2 billion, and non-GAAP operating margin was 46%.
  • GAAP net income was up 18% to $2.5 billion, while non-GAAP net income was up 13% to $3.1 billion.
  • GAAP earnings per share were $0.49, up 20% compared to last year while non-GAAP earnings per share were up 15% to $0.62.
  • GAAP operating cash flow on a trailing twelve-month basis was $13.5 billion.
About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.