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General

Oracle revenues lift 1% in Q1, weighed down by strong US dollar, slower growth at cloud ops

Tuesday 18 September 2018 | 09:33 CET | News
Oracle said revenues for its fiscal first quarter for 2019 reached USD 9.2 billion, up 1 percent from the year before in US dollars and 2 percent higher in constant currency. Cloud Services and Licence Support rose, 3 percent in US dollars and 4 percent in constant currency, to USD 6.6.09 billion, but the gains were somewhat offset by losses at Hardware and Service. Results were mixed at Cloud License and On-premise License, down 4 percent in US dollars and flat in constant currency.

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Categories: General
Companies: Oracle
Countries: World
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