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

HPE Earnings: Hewlett Packard Q1 2024 profit drops but beats Street view

Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) on Thursday reported lower earnings and revenues for the first quarter of 2024. Earnings, however, exceeded analysts’ forecasts. First-quarter profit, excluding

After entering FY24 on a high note, Costco is all set to report Q2 results

Costco Wholesale Corporation (NASDAQ: COST) stands out in the retail space for its unique business model that enables the warehouse behemoth to grow store traffic and market share constantly. Currently,

Hormel (HRL) expects continued momentum from its foodservice business in FY2024

Shares of Hormel Foods Corporation (NYSE: HRL) soared over 13% on Thursday after the company delivered better-than-expected earnings results for the first quarter of 2024 and reaffirmed its outlook for

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top