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POST TIME: 19 December, 2018 00:00 00 AM
Oracle announces Q2 results of FY 2019
STAFF REPORTER, Dhaka

Oracle announces 
Q2 results of FY 2019

Oracle Corporation yesterday announced fiscal year 2019 second quarter (Q2) results.

In a press statement the company said the total revenues were unchanged at $9.6 billion and up 2 percent in constant currency, compared to Q2 last year.

Total Cloud Services and Licence Support plus Cloud Licence and On-Premise Licence revenues were up 1 percent to $7.9 billion. Cloud Services and License Support revenues were $6.6 billion, while Cloud Licence and On-Premise Licence revenues were $1.2 billion.

GAAP Operating income was up 2percent to $3.1 billion and GAAP Operating margin was 32percent. Non-GAAP operating income was down 2percent to $4.1 billion and non-GAAP operating margin was 43percent. GAAP net income was up 5 percent to $2.3 billion and non-GAAP net income was up 3percent to $3.1 billion. GAAP earnings per share were up 18percent to $0.61 while non-GAAP earnings per share was up 16 percent to $0.80.

Short-term deferred revenues were up 3 percent to $8.2 billion compared to a year ago. Operating Cash Flow was up 5percent to $15.2 billion during the trailing twelve months.