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
Audio Interviews
Archived Audio Interviews
Jeremy Schulman, founder of Schprockits, a network automation startup operating in stealth mode, joins us to explore whether networking professionals all need to learn programming in order to remain employed.
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