First $10b Quarter
Oracle Corporation announced fiscal 2011 Q4 total revenues were up 13% to $10.8 billion and new software license revenues were up 19% to $3.7 billion. Software license updates and product support revenues were up 15% to $4.0 billion. Hardware systems products revenues were down 6% to $1.2 billion.
Operating income was up 32% to $4.4 billion, and operating margin was 40%. GAAP net income was up 36% to $3.2 billion, while non-GAAP net income was up 27% to $3.9 billion.
GAAP earnings per share were $0.62, up 34% compared to last year while non-GAAP earnings per share were up 25% to $0.75. GAAP operating cash flow on a trailing twelve-month basis was $11.2 billion.
For fiscal year 2011, GAAP total revenues were up 33% to $35.6 billion.
Oracle President and CFO, Safra Catz said, "In Q4, we achieved a 19% new software license growth rate with almost no help from acquisitions."
"In addition to record setting software sales, our Exadata and Exalogic systems also made a strong contribution to our growth in Q4," said Oracle President, Mark Hurd. "Today there are more than 1,000 Exadata machines installed worldwide. Our goal is to triple that number in FY12."
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