Categories AlphaGraphs, Earnings, Technology

Oracle (ORCL) reports Q1 results: Here’s what you need to know

Oracle Corporation (NYSE: ORCL) on Monday reported financial results for the first quarter of 2024. The software giant’s top line benefited from a strong performance by the core Cloud Services and License Support business.

Oracle Q1 2024 earnings infographic

August-quarter revenues came in at $12.5 billion, compared to $11.45 billion in the corresponding period of 2023. Adjusted earnings, excluding special items, was $1.19 per share in the most recent quarter, compared to $1.03 per share in the prior-year period.

On an unadjusted basis, the tech firm reported first-quarter net income of $2.42 billion or $0.86 per share, compared to $1.55 billion or $0.56 per share in the prior-year quarter.

Prior Performance

  • Oracle Q2 2023 earnings infographic
  • Oracle Q1 2023 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Key highlights from Eli Lilly’s (LLY) Q1 2024 earnings results

Eli Lilly and Company (NYSE: LLY) reported first quarter 2024 earnings results today. Worldwide revenue was $8.77 billion, up 26% from the year-ago quarter, driven by increases of 16% in

MCD Earnings: Key quarterly highlights from McDonald’s Q1 2024 financial results

McDonald's Corporation (NYSE: MCD) reported first quarter 2024 earnings results today. Revenues increased 5% year-over-year to $6.1 billion. Revenue growth was 4% in constant currencies. Net income grew 7% to

KO Earnings: All you need to know about Coca-Cola’s Q1 2024 earnings results

The Coca-Cola Company (NYSE: KO) reported its first quarter 2024 earnings results today. Net revenues grew 3% year-over-year to $11.3 billion. Organic revenues grew 11%. Net income attributable to shareowners

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