Global Brand
Saturday, February 8, 2025
14.1 C
Dhaka

Oracle announced fiscal 2021 Q4 results

- Advertisement -

TV24DESK: Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q4 results. Total quarterly revenues were up 8% year-over-year to $11.2 billion. Cloud services and license support revenues were up 8% to $7.4 billion. Cloud license and on-premise license revenues were up 9% to $2.1 billion.

Q4 GAAP operating income was up 5% to $4.5 billion, and GAAP operating margin was 40%. Non-GAAP operating income was up 6% to $5.4 billion and non-GAAP operating margin was 49%. GAAP net income was up 29% to $4.0 billion, and GAAP earnings per share was up 39% to $1.37. Non-GAAP net income was up 20% to $4.5 billion, and non-GAAP earnings per share was up 29% to $1.54.

Short-term deferred revenues were up 10% from last year to $8.8 billion. Operating cash flow was up 21% to a record $15.9 billion during the trailing twelve months.

Fiscal year 2021 total revenues were up 4% year-over-year to $40.5 billion. Cloud services and license support revenues were up 5% to $28.7 billion. Cloud license and on-premise license revenues were up 5% to $5.4 billion.

Fiscal year 2021 GAAP operating income was up 9% to $15.2 billion, and GAAP operating margin was 38%. Non-GAAP operating income was up 9% to $19.0 billion, and non-GAAP operating margin was 47%. GAAP net income was up 36% to $13.7 billion, while non-GAAP net income was up 11% to $14.1 billion. GAAP earnings per share increased 48% to $4.55, while non-GAAP earnings per share was up 21% to $4.67.

“Our Q4 performance was absolutely outstanding with total revenue beating guidance by nearly $200 million, and non-GAAP earnings per share beating guidance by $0.24,” said Oracle CEO, Safra Catz. “Our multi-billion dollar Fusion and NetSuite cloud applications businesses saw dramatic increases in their already rapid revenue growth rates: Fusion ERP was up 30% in Q3 and up 46% in Q4, Fusion HCM was up 23% in Q3 and up 35% in Q4, NetSuite was up 24% in Q3 and up 26% in Q4. Oracle Fusion is the world’s biggest cloud ERP business; Oracle NetSuite is the world’s second biggest cloud ERP business. Revenue from our Gen2 Cloud Infrastructure business including Autonomous Database grew over 100% in Q4. The accelerating growth rates of both our applications and infrastructure cloud businesses this year drove earnings per share growth up to 21% in FY21. That is the fourth consecutive year of double-digit earnings per share growth at Oracle Corporation.”

“The world’s two most popular databases are the Oracle Autonomous Database and Oracle MySQL,” said Oracle Chairman and CTO, Larry Ellison. “The Oracle Database once again delivered solid revenue growth in FY21.  And while our Oracle Database business as measured by revenue currently dwarfs our MySQL database business—that is about to change because the latest version of Oracle MySQL has been upgraded to include a revolutionary new ultra-high-performance parallel processing query engine called HeatWave. Independent analysts have tested and confirmed that Oracle MySQL with HeatWave runs 10 to 100 times faster than Amazon’s version of MySQL called Aurora. This technological breakthrough is causing several of Amazon’s customers to start moving their Aurora workloads to Oracle MySQL. And industry analysts are telling us they are seeing a 10x increase in Oracle Cloud Infrastructure customer inquiries. Both the Oracle Autonomous Database and Oracle MySQL with HeatWave technology have captured the technology high-ground in the cloud database business—and that bodes well for the future of the Oracle Cloud.”

The board of directors declared a quarterly cash dividend of $0.32 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 15, 2021, with a payment date of July 29, 2021.

· A sample list of customers which purchased Oracle Cloud services during the quarter will be available at www.oracle.com/customers/earnings.

·A list of recent technical innovations and announcements is available at www.oracle.com/news.

·To learn what industry analysts have been saying about Oracle’s products & services see www.oracle.com/corporate/analyst-reports.html.

Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central. A live and replay webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor.

 

 

 

Hot this week

HP ZBook Firefly 14 G7 review

Techvision24 desk: Meet the world’s smallest, lightest workstation OUR VERDICT The HP...

MOU Between EY Bangladesh and Tekken corporation for Metrorail project

Tv24 Desk: Ernst & Young Bangladesh & Tekken corporation...

Startup Bangladesh Invests in Online Pharmacy MedEasy

TV24 Desk :  Startup Bangladesh Limited, the flagship venture...

Facebook partners with Bangladeshi organizations on mental health

TV24 DESK: Facebook is making it easier for users...

Meena Game 2 in 3D for the first time ever

Tv24 Desk: UNICEF's nine-year-old girl and cartoon character from...

Latest

Xiaomi’s Two New Smartwatches Hit the Bangladesh Market

TV24 Desk: Global tech giant, Xiaomi, has unveiled two...

Customers win iPhone 16, smart TV, laptop by recharging GP numbers thru bKash

TV24 Desk: Mobile Recharge Mega Cashback campaign winners received...

Brother Unveils New Affordable Printer Series in Bangladesh

TV24 Desk: Brother International (Gulf) and Global Brand PLC...

Spectrum Leadership Conference 2025 Held at CCLUB

Spectrum Engineering Consortium (Pvt.) Ltd. organized the "Spectrum Leadership...

FICCI expresses concerns over lack of stakeholder consultation prior to policy revision

Techvision24 Desk: The Foreign Investors’ Chambers of Commerce &...
spot_img

Related Articles

Popular Categories

spot_img