![]() Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. A live and replay webcast will be available on the Oracle Investor Relations website at About Oracle Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. To learn what industry analysts have been saying about Oracle's products and services see Earnings Conference Call and Webcast.A list of recent technical innovations and announcements is available at.A sample list of customers which purchased Oracle Cloud services during the quarter will be available at.This dividend will be paid to stockholders of record as of the close of business on January 11, 2024, with a payment date of January 25, 2024. The board of directors declared a quarterly cash dividend of $0.40 per share of outstanding common stock. ![]() Simultaneously we are building dozens of new datacenters in countries all over the world. ![]() In the next few months, we are turning on 20 new Oracle cloud datacenters collocated with and connected to Microsoft Azure. "We can build our new datacenters very rapidly and operate them inexpensively because they are all highly automated with identical high-performance RDMA networks and the same set of autonomous services. ![]() "Oracle is in the process of expanding 66 of our existing cloud datacenters-and building 100 new cloud datacenters-to meet growing demand," said Oracle Chairman and CTO, Larry Ellison. Our cloud businesses are now at nearly a $20 billion-dollar annual revenue run rate, and cloud services demand continues to grow at unprecedented levels. "As a measure of that demand, Oracle's total Remaining Performance Obligations (RPO) climbed to over $65 billion-exceeding annual revenue. "Demand for our Cloud Infrastructure and Generative AI services is increasing at an astronomical rate," said Oracle CEO, Safra Catz. Over the last twelve months, operating cash flow was $17.0 billion and free cash flow was $10.1 billion. Short-term deferred revenues were $8.9 billion. Q2 GAAP earnings per share was $0.89 while non-GAAP earnings per share was $1.34, up 11% in USD and up 9% in constant currency. Non-GAAP net income was $3.8 billion, up 14% in USD and up 11% in constant currency. GAAP operating margin was 28%, and non-GAAP operating margin was 43%. Non-GAAP operating income was $5.5 billion, up 9% in USD and up 7% in constant currency. Q2 GAAP operating income was $3.6 billion. Cloud license and on-premise license revenues were down 18% in USD and down 19% in constant currency to $1.2 billion. Cloud services and license support revenues were up 12% in USD and up 11% in constant currency to $9.6 billion. Total quarterly revenues were up 5% year-over-year in USD and up 4% in constant currency to $12.9 billion. 11, 2023 /PRNewswire/ - Oracle Corporation (NYSE: ORCL) today announced fiscal 2024 Q2 results.
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