Data centers

07:00 PM
Connect Directly

Oracle Gains With Grids

Database deployments across server grids helped drive Oracle's results for Q4 and FY05

Oracle Corp. (Nasdaq: ORCL) announced strong earnings for its fiscal fourth quarter and year 2005 today, and execs credit its grid computing advances.

Oracle posted GAAP revenues of $11.8 billion for fiscal 2005, up 16 percent from the previous year. Non-GAAP revenues rose 19 percent from 2004 to $12.1 billion. Analysts had estimated revenues of $11.94 billion (see Oracle Reports Q4 Results).

For 2005, Oracle's GAAP earnings per share increased 10 percent to 55 cents on net income of $2.9 billion. Non-GAAP earnings per share rose 31 percent to 68 cents on $3.5 billion net income. This figure topped analyst estimates of 65 cents.

For the quarter, the software vendors GAAP revenues rose 26 percent to $3.88 billion, and non-GAAP revenues were up 32 percent to $4.06 billion. Analysts had estimated revenues of $3.89 billion.

Fourth-quarter GAAP earnings per share were up 4 percent to 20 cents on net income of $1.02 billion. Oracle’s non-GAAP EPS was up 36 percent to 26 cents on net income of $1.36 billion. This figure came in above analyst estimates of 23 cents.

1 of 4
Comment  | 
Print  | 
More Insights
Hot Topics
Fall IT Events: On The Road Again With 10 Top Picks
James M. Connolly, Editor in Chief, The Enterprise Cloud Site,  7/29/2014
Have You Hugged Your Sysadmin Today?
Susan Fogarty, Editor in Chief,  7/25/2014
Cisco Ships APIC Controller, Reveals ACI Pricing
Marcia Savage, Managing Editor, Network Computing,  7/29/2014
White Papers
Register for Network Computing Newsletters
Current Issue
2014 Private Cloud Survey
2014 Private Cloud Survey
Respondents are on a roll: 53% brought their private clouds from concept to production in less than one year, and 60% ­extend their clouds across multiple datacenters. But expertise is scarce, with 51% saying acquiring skilled employees is a roadblock.
Twitter Feed