Oracle reports Q4 GAAP, Non-GAAP EPS up by 27pc respectively
FE Report | Wednesday, 2 July 2008
Oracle Corporation, world's largest enterprise software company has announced FY08 Q4 Generally Accepted Accounting Principles (GAAP) Earnings Per Share (EPS) up by 27pc to $0.39, compared to the same period last year.
It has also announced that the Q4 Non-GAAP earnings per share was also up by 27 per cent to US$0.47 and non-GAAP net income was up 27pc to US$2.4b, said a press release.
According to the quarterly announcement, Q4 GAAP revenues of the world's largest enterprise software company were up by 24pc to US$7.2b, while quarterly GAAP net income was up by 27pc to US$2.0b. Total GAAP software revenues were up by 26pc to US$6.0b.
More over, GAAP new software license revenues were up by 27pc with database and middleware new license revenues up by 23pc. Besides, applications new license revenues up by 36pc. GAAP software license updates and product support revenues were up by 25pc to US$2.8b. GAAP service revenues were also up by 18pc to US$1.3b.
"Oracle's application new software license revenues grew by 38pc in FY08, while SAP's new software license revenues grew only 13pc in their most recent fiscal year," said President Charles Phillips.
This is the third consecutive year we have taken applications market share from SAP, the President of Oracle Corporation added.
Four years ago, we publicly announced a five year plan to deliver non-GAAP EPS at a compound annual growth rate of 20pc. During the past four years we exceeded our plan and delivered a non-GAAP EPS CAGR of over 26pc," said Oracle CEO Larry Ellison.
For FY08, GAAP earnings per share were up 30pc to US$1.06, while non-GAAP earnings per share were up 29pc year over year to $1.30.
It has also announced that the Q4 Non-GAAP earnings per share was also up by 27 per cent to US$0.47 and non-GAAP net income was up 27pc to US$2.4b, said a press release.
According to the quarterly announcement, Q4 GAAP revenues of the world's largest enterprise software company were up by 24pc to US$7.2b, while quarterly GAAP net income was up by 27pc to US$2.0b. Total GAAP software revenues were up by 26pc to US$6.0b.
More over, GAAP new software license revenues were up by 27pc with database and middleware new license revenues up by 23pc. Besides, applications new license revenues up by 36pc. GAAP software license updates and product support revenues were up by 25pc to US$2.8b. GAAP service revenues were also up by 18pc to US$1.3b.
"Oracle's application new software license revenues grew by 38pc in FY08, while SAP's new software license revenues grew only 13pc in their most recent fiscal year," said President Charles Phillips.
This is the third consecutive year we have taken applications market share from SAP, the President of Oracle Corporation added.
Four years ago, we publicly announced a five year plan to deliver non-GAAP EPS at a compound annual growth rate of 20pc. During the past four years we exceeded our plan and delivered a non-GAAP EPS CAGR of over 26pc," said Oracle CEO Larry Ellison.
For FY08, GAAP earnings per share were up 30pc to US$1.06, while non-GAAP earnings per share were up 29pc year over year to $1.30.