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General

Oracle revenues flat in Q2, pulled down by forex effects, slower cloud growth

Tuesday 18 December 2018 | 09:45 CET | News
Oracle reported revenues for its fiscal second quarter of USD 9.56 billion, unchanged from the year before but up 2 percent at constant currency. Revenues would have been higher by USD 140 million without the strengthening of the US dollar compared to foreign currencies. CEO Safra Catz expressed confidence the company will continue to record strong EPS and free cash flow growth during the second half of the year. The board of directors meanwhile declared a quarterly cash dividend of USD 0.19 per share.

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Categories: General
Companies: Oracle
Countries: World
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