Oracle beats by $0.11, reports revs in-line
- Reports Q3 (Feb) earnings of $0.83 per share, excluding non-recurring items, $0.11 better thanthe Capital IQ Consensus of $0.72; revenues rose 5.4% year/year to $9.78 bln vs the $9.77 bln Capital IQ Consensus.
- Total Cloud Revenues were up 32% to $1.6 billion versus +21-25% guidance. Cloud and On-Premise Software Revenues were up 8% to $8.0 billion. Cloud Software as a Service (SaaS) revenues were up 33% to $1.2 billion. Cloud Platform as a Service (PaaS) plus Infrastructure as a Service (IaaS) revenues were up 28% to $415 million.
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