Categories Analysis, Technology

Earnings Infographic: Oracle (ORCL) Q1 2023 revenue rises 18%

Software giant Oracle Corporation (NYSE: ORCL) Monday said its first-quarter revenues rose 18%. Meanwhile, adjusted earnings remained unchanged year-over-year.

Oracle Q1 2023 earnings infographic

At $11.45 billion, revenues were up 18% year-over-year in the first three months of fiscal 2023. The top line also slightly exceeded the market’s projection.

Adjusted earnings were unchanged year-over-year at $1.03 per share in the most recent quarter. Net income, including one-off items, was $1.55 billion or $0.56 per share, compared to $2.46 billion or $0.86 per share last year.

Check this space to read management/analysts’ comments on Oracle’s Q1 results

“In Q1 we expanded our relationship with Microsoft by providing all versions of the Oracle database directly to Microsoft Azure customers. Now all Microsoft customers can directly access the Oracle Exadata Cloud Service, the Oracle Autonomous Database and every other Oracle Database version directly from the Azure Cloud,” said Oracle’s CTO Larry Ellison.

Prior Performance

  • Oracle Q4 2022 earnings infographic
  • Oracle Q1 2021 earnings infographic


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Viewing Highlight