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Oracle Corporation (N:ORCL)

Business Focus: Enterprise Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 2300 Oracle Way
AUSTIN TX 78741
Tel: N/A
Website: https://www.oracle.com
IR: See website
Key People
Lawrence J. Ellison
Chairman of the Board, Founder, Chief Technology Officer
Jeffrey O. Henley
Vice Chairman of the Board
William Corey West
Executive Vice President, Chief Accounting Officer
Dorian E. Daley
Executive Vice President, General Counsel
Edward Screven
Executive Vice President, Chief Corporate Architect
Safra A. Catz
Chief Executive Officer, Director
Business Overview
Oracle Corporation (Oracle) provides products and services that address enterprise information technology (IT) environments. The Company's businesses include cloud and license, hardware and services. Its products and services include applications and infrastructure offerings that are delivered through a variety of IT deployment models. Its customers include government agencies, educational institutions and resellers. Using Oracle technologies, its customers build, deploy, run, manage and support their internal and external products, services and business operations. Its Oracle Cloud Services offerings includes Oracle Software as a Service (SaaS) and Oracle infrastructure as a service (IaaS) offering, which provides a stack of applications and infrastructure services delivered via cloud-based deployment models. Oracle Cloud Services integrate the software, hardware and services on a customer's behalf in a cloud-based IT environment.
Financial Overview
For the three months ended 31 August 2021, OracleCorporation revenues increased 4% to $9.73B. Net incomeincreased 9% to $2.46B. Revenues reflect Cloud and licensesegment increase of 4% to $8.18B, Service Business segmentincrease of 8% to $781M, Americas segment increase of 5% to$5.32B, Asia Pacific segment increase of 4% to $1.62B. Netincome benefited from Restructuring decrease of 78% to $38M(expense).