Mar 16, 2016

Oracle - Oracle Reports GAAP EPS of $0.50; Non-GAAP EPS of $0.64; Without the Effect of U.S. Dollar Strengthening Both Would Have Been 4 Cents Higher

Cloud SaaS and PaaS Revenues Up 57% in U.S. Dollars and Up 61% in Constant Currency Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q3 results. The strengthening of the U.S. dollar compared to foreign currencies had a significant impact on results in the quarter. Total Revenues were $9.0 billion , down 3% in U.S. dollars and up 1% in constant currency. Cloud plus On-Premise Software...

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