Oracle's Q3 Non-GAAP EPS Up 15% TO 62 Cents March 19, 2012,
Volume 169, Issue 3
Oracle had a positive Q32012 with GAAP total revenues up 3% to $9.0 billion, and non-GAAP total revenues up 3% to $9.1 billion. Both GAAP and non-GAAP new software license revenues rose 7% to $2.4 billion, and both GAAP and non-GAAP software license updates and product support revenues were up 8% to $4.1 billion. Oracle reports further that both GAAP and non-GAAP hardware systems products revenues were down 16% to $869 million while GAAP operating income was up 11% to $3.3 billion, and GAAP operating margin was 37%. Non-GAAP operating income was up 8% to $4.2 billion, Oracle's press release continues, and non-GAAP operating margin was 46%. GAAP net income was up 18% to $2.5 billion, while non-GAAP net income was up 13% to $3.1 billion. GAAP earnings per share were $0.49, up 20% compared to last year while non-GAAP earnings per share were up 15% to $0.62. GAAP operating cash flow on a trailing twelve-month basis was $13.5 billion. Oracle's Board of Directors also declared a quarterly cash dividend of $0.06 per share of outstanding common stock that will be paid on May 2, 2012 to stockholders of record as of the close of business on April 11, 2012.