Oracle Earnings – Q4 2022

Oracle Corporation
  • Q1 GAAP Earnings per Share $0.56 , Non-GAAP Earnings per Share $1.03
  • Q1 Total Revenue $11.4 billion, up 18% in USD, up 23% in constant currency 
  • Q1 Cloud Revenue (IaaS plus SaaS) $3.6 billion, up 45% in USD, up 50% in constant currency
  • Q1 Cloud Infrastructure (IaaS) Revenue $0.9 billion, up 52% in USD, up 58% in constant currency 
  • Q1 Cloud Application (SaaS) Revenue $2.7 billion, up 43% in USD, up 48% in constant currency
  • Fusion ERP Cloud (SaaS) Revenue, up 33% in USD, up 38% in constant currency
  • NetSuite ERP Cloud (SaaS) Revenue, up 27% in USD, up 30% in constant currency

We continued to improve our top line results again this quarter with total revenue growing 10% in constant currency. These consistent increases in our quarterly revenue growth rate typically have been driven by our market leading Fusion and NetSuite cloud applications. But this Q4, we also experienced a major increase in demand in our infrastructure cloud business—which grew 39% in constant currency. We believe that this revenue growth spike indicates that our infrastructure business has now entered a hyper-growth phase. Couple a high growth rate in our cloud infrastructure business with the newly acquired Cerner applications business—and Oracle finds itself in position to deliver stellar revenue growth over the next several quarters.

Safra Katz, CEO – Oracle Corporation
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