Oracle reported Q4 15 results ending in May. Total revenues declined 5% (currency adjusted increase of 3%) to US$10.7bn. New software licence revenues dropped 17% (adj. -10%) to US$3.1bn but cloud revenues grew 29% to US$416m (adj.35%. The maintenance business remained stable at US$4.69bn (adj. +8%). The operating performance however dropped 19% (adj. 9%) to US$3.98bn. One reason for the decline is the increase in cloud-related expenses which jumped 86% to US$256m or 2% of total revenues.
18 Jun 2015
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SAP SE (SAP:WBO) | 0 0 0.2% | Mkt Cap: 103,244m
- Published:
18 Jun 2015 -
Author:
Heinz Steffen -
Pages:
2
Oracle reported Q4 15 results ending in May. Total revenues declined 5% (currency adjusted increase of 3%) to US$10.7bn. New software licence revenues dropped 17% (adj. -10%) to US$3.1bn but cloud revenues grew 29% to US$416m (adj.35%. The maintenance business remained stable at US$4.69bn (adj. +8%). The operating performance however dropped 19% (adj. 9%) to US$3.98bn. One reason for the decline is the increase in cloud-related expenses which jumped 86% to US$256m or 2% of total revenues.