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Oracle Corp (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
Safra A. Catz
Chief Executive Officer, Principal Financial Officer, Director
Jeffrey O. Henley
Vice Chairman of the Board
Maria Smith
Executive Vice President, Chief Accounting Officer
Stuart A. Levey
Executive Vice President, Chief Legal Officer
Edward Screven
Executive Vice President, Chief Corporate Architect
Business Overview
Oracle Corporation 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 enterprise applications and infrastructure offerings that are delivered worldwide through a variety of flexible and interoperable IT deployment models. Its cloud and license business markets, sells, and delivers a spectrum of enterprise applications and infrastructure technologies through its cloud and license offerings. Its hardware business provides a selection of enterprise hardware products and hardware-related software products, including Oracle Engineered Systems, servers, storage, industry-specific hardware offerings, operating systems, virtualization, management and other hardware-related software, and related hardware support. Its services business provides consulting services and advanced customer service. It sells to customers all over the world.
Financial Overview
For the nine months ended 29 February 2024, Oracle Corp revenues increased 7% to $38.67B. Net income increased 41% to $7.32B. Revenues reflect Cloud and license segment increase of 10% to $32.39B, Americas segment increase of 7% to $24.18B, EMEA segment increase of 10% to $9.49B. Net income benefited from Other Sales and marketing decrease of 7% to $5.67B (expense), Amortization of Computer Software decrease of 21% to $897M (expense).