Last10K.com

Oracle Corp (ORCL) SEC Filing 10-K Annual report for the fiscal year ending Saturday, May 31, 2014

Oracle Corp

CIK: 1341439 Ticker: ORCL

Exhibit 99.1

 

LOGO

For Immediate Release

 

Contact:   Ken Bond   Deborah Hellinger
  Oracle Investor Relations   Oracle Corporate Communications
  1.650.607.0349   1.212.508.7935
  ken.bond@oracle.com   deborah.hellinger@oracle.com

ORACLE BECOMES THE SECOND LARGEST CLOUD SAAS COMPANY IN THE WORLD

Q4 SaaS and PaaS Subscriptions Up 25% to $322 million, Q4 IaaS Subscription Revenue Up 13% to $128 million

REDWOOD SHORES, Calif., June 19, 2014 —

Oracle Corporation (NYSE: ORCL) today announced that fiscal 2014 Q4 total revenues were up 3% to $11.3 billion. Software and Cloud revenues were up 4% to $8.9 billion. GAAP Cloud software-as-a-service (SaaS) and platform-as-a-service (PaaS) revenues were up 25% to $322 million, while non-GAAP SaaS and PaaS revenues were up 23% to $327 million. In addition, Cloud infrastructure-as-a-service (IaaS) revenues were up 13% to $128 million. New software licenses revenues were unchanged at $3.8 billion. Software license updates and product support revenues were up 7% to $4.7 billion. Overall hardware systems revenues were up 2% to $1.5 billion with hardware systems products up 2% to $870 million, and hardware systems support up 2% to $596 million.

In Q4, both GAAP and non-GAAP earnings per share were lowered by $0.02 due to a non-operating loss caused by exchange rate changes in Venezuela. Furthermore, last year’s Q4 GAAP earnings per share increased $0.04 because of a $269 million acquisition price reduction. As a result of these two factors, Q4 GAAP earnings per share were unchanged at $0.80 compared with last year, while GAAP net income was down 4% to $3.6 billion, and GAAP operating income was down 2% to $4.9 billion. Q4 GAAP operating margin was 43% in the quarter. Non-GAAP earnings per share were up 6% to $0.92, but would have been $0.94 if not for the currency loss in Venezuela. Non-GAAP net income was up 2% to $4.2 billion while non-GAAP operating income was up 3% to $5.8 billion. The non-GAAP operating margin was 51%. GAAP operating cash flow on a trailing twelve-month basis was $14.9 billion.

For fiscal year 2014, total revenues were up 3% at $38.3 billion. GAAP Software and Cloud revenues were up 5%. GAAP Cloud SaaS and PaaS revenues were up 23% to $1.1 billion while Cloud IaaS revenues were $456 million. New software licenses revenues were unchanged at $9.4 billion while software license updates and product support revenues were up 6% to $18.2 billion. Total hardware system revenues were flat at $5.4 billion. GAAP operating income was up 1% to $14.8 billion, and GAAP operating margin was 39%. Non-GAAP operating income was up 3% to $18.1 billion, and non-GAAP operating margin was 47%. GAAP net income was unchanged at $11.0 billion, while non-GAAP net income was up 2% to $13.2 billion. GAAP earnings per share were $2.38, up 5% compared to last year while non-GAAP earnings per share were $2.87, up 7%.


The following information was filed by Oracle Corp (ORCL) on Thursday, June 19, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Oracle Corp's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Oracle Corp.

Continue

Assess how Oracle Corp's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Oracle Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2014 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets Parenthetical
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Equity
Consolidated Statements Of Equity Parenthetical
Consolidated Statements Of Operations
Acquisitions
Acquisitions (details)
Acquisitions (tables)
Cash, Cash Equivalents And Marketable Securities
Cash, Cash Equivalents And Marketable Securities (details)
Cash, Cash Equivalents And Marketable Securities (tables)
Commitments And Contingencies
Commitments And Contingencies (details)
Commitments And Contingencies (tables)
Deferred Revenues
Deferred Revenues (details)
Deferred Revenues (tables)
Derivative Financial Instruments
Derivative Financial Instruments (details)
Derivative Financial Instruments (tables)
Derivatives Financial Instruments (details)
Derivatives Financial Instruments Narrative (details)
Earnings Per Share
Earnings Per Share (details)
Earnings Per Share (tables)
Employee Benefit Plans
Employee Benefit Plans (details)
Employee Benefit Plans (tables)
Employee Benefit Plans Continued (details)
Fair Value Measurements
Fair Value Measurements (details)
Fair Value Measurements (tables)
Goodwill (details)
Income Taxes
Income Taxes (details)
Income Taxes (tables)
Income Taxes Continued (details)
Income Taxes Narrative (details)
Intangible Assets (details)
Intangible Assets Amortization (details)
Intangible Assets And Goodwill
Intangible Assets And Goodwill (tables)
Inventories
Inventories (details)
Inventories (tables)
Legal Proceedings
Legal Proceedings (details)
Notes Payable And Other Borrowings
Notes Payable And Other Borrowings (details)
Notes Payable And Other Borrowings (tables)
Notes Payable And Other Borrowings Narrative (details)
Notes Payable And Other Borrowings Narrative Continued (details)
Notes Payable And Other Borrowings Table (details)
Organization And Significant Accounting Policies
Organization And Significant Accounting Policies (details)
Organization And Significant Accounting Policies (policy)
Organization And Significant Accounting Policies (tables)
Organization And Significant Accounting Policies Narrative (details)
Property, Plant And Equipment
Property, Plant And Equipment (details)
Property, Plant And Equipment (tables)
Restructuring Activities
Restructuring Activities (details)
Restructuring Activities (tables)
Restructuring Activities Narrative (details)
Segment Information
Segment Information (details)
Segment Information (tables)
Segment Information Continued (details)
Segment Information Reconciliation (details)
Stockholder's Equity (tables)
Stockholders' Equity
Stockholders' Equity (details)
Valuation And Qualifying Accounts
Valuation And Qualifying Accounts (details)
Ticker: ORCL
CIK: 1341439
Form Type: 10-K Annual Report
Accession Number: 0001193125-14-251351
Submitted to the SEC: Thu Jun 26 2014 5:07:01 PM EST
Accepted by the SEC: Thu Jun 26 2014
Period: Saturday, May 31, 2014
Industry: Prepackaged Software

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/orcl/0001193125-14-251351.htm