Post-Earnings Coverage - Oracle

LONDON, January 9, 2015 /PRNewswire/ --

Investor-Edge.com has issued free post-earnings coverage on Oracle Corp. (NYSE: ORCL). On December 17, 2014, the company reported its Q2 FY15 financial results (period ended November 30, 2014). Click on http://www.investor-edge.com/FreeReports to read our free earnings review on Oracle Corp. (Oracle). During Q2 FY15, the company's total GAAP revenues grew 3% Y-o-Y, while GAAP and non-GAAP operating income increased 4% Y-o-Y and 3% Y-o-Y, respectively. The CEO at Oracle, Safra A. Catz, stated that the company continues to deliver industry-leading operating margins and cash flow even after adding the thousands of specialized sales people and engineers necessary to accelerate the growth of its new cloud businesses. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview  

During Q2 FY15, Oracle's total GAAP revenues grew to $9.60 billion from total GAAP revenues of $9.28 billion in Q2 FY14. The reported quarter revenues outperformed Bloomberg analysts' estimates of $9.50 billion. The company's total GAAP Software and Cloud revenue during Q2 FY15 increased 5% Y-o-Y to $7.33 billion. Oracle's Software-as-a-service (SaaS), Platform-as-a-service (PaaS), and Infrastructure-as-a-service (IaaS) revenue surged 45% Y-o-Y to $516 million in Q2 FY15. Further, Oracle's total GAAP Hardware systems revenue in Q2 FY15 improved 1% Y-o-Y to $1.33 billion. The free research on ORCL can be downloaded as in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Oracle&d=09-Jan-2015&s=ORCL

Oracle's Q2 FY15 GAAP operating income increased to $3.54 billion, while the GAAP operating margin stood at 37%. On non-GAAP basis, Oracle's operating income during Q2 FY15 was $4.39 billion, while its non-GAAP operating margin was 46%. The company reported GAAP net income of $2.50 billion, or $0.56 per diluted share, compared to $2.55 billion, or $0.56 per diluted share, in Q2 FY14.  Bloomberg analysts' expected GAAP net income of $2.55 billion, or $0.55 per share, in Q2 FY15. On a non-GAAP basis, the company's Q2 FY15 net income stood at $3.11 billion or $0.69 per diluted share, compared with $3.16 billion, or $0.69 per diluted share, in Q2 FY14. Oracle's GAAP operating cash flow on a trailing twelve-month basis was $15.27 billion in the reported quarter.

Mark Hurd, CEO at Oracle, informed that the company's total new cloud bookings grew at a rate of more than 140% in Q2 FY15, and Oracle has over 600 ERP Fusion Cloud customers, which is five-times more ERP customers than Workday (Oracles' competitor). Lawrence J. Ellison, the Executive Chairman and Chief Technology Officer at Oracle, expects new cloud bookings to exceed over $250 million by Q4 FY15 and over the billion dollars mark in FY16. Sign up and read the free analyst's notes on ORCL at:

http://get.Investor-Edge.com/pdf/?c=Oracle&d=09-Jan-2015&s=ORCL

During Q2 FY15, the company's board of directors announced a cash dividend of $0.12 per share on Oracle's outstanding common stock. The dividend will be paid on January 28, 2015, to the stockholders of record on January 07, 2015.

Stock Performance  

On the day following the earnings release, December 18, 2014, Oracle's stock rallied 10.18%, to end the session at $45.35. Since then, the stock has moved both ways with the losses outweighing the gains so far. On the last close, Thursday, January 08, 2015, Oracle's shares finished at $43.41, 0.60% above its previous day's closing of $43.15. The company's shares vacillated between $43.38 and $43.94 during the session. A total of 17.48 million shares were traded, which was above its three months average volume of 14.43 million shares. Over the last one month and previous three months, the company's shares have gained 4.93% and 11.25%, respectively. Further, the stock has surged 15.08% over the past one year. Shares in Oracle closed above their 50-day and 200-day moving averages of $41.78 and $40.80, respectively. Furthermore, the stock traded at a PE ratio of 17.82 and has a Relative Strength Index (RSI) of 48.85. Visit Investor-Edge and access the latest research on ORCL at:

http://get.Investor-Edge.com/pdf/?c=Oracle&d=09-Jan-2015&s=ORCL

Sneak Peek to Corporate Insider Trading 

In the last one month, there were 19 insider transactions made by 7 individuals. Between December 15, 2014 and January 02, 2015, a total of 3.56 million shares of the company have been bought at an average price of $27.61 per share, for a total value of $98.24 million. During the stated period, a total of 3.56 million shares were also disposed at an average price of $45.43 per share, for a total of $161.54 million. These are some of the corporate insider trading transactions: on December 18, 2014, Jeffrey O. Henley, Vice Chairman at Oracle, purchased 400,000 shares at a price of $14.57 and sold an equal number of shares at a price of $43.83 per share. On December, 22, 2014, Thomas Kurian, President- Product Development at Oracle, bought 2.5 million shares at a price of $30.96 and disposed an equal number of shares at $45.73 per share. Additionally, on January 02, 2015, Mark Hurd, purchased 375,000 shares at price of $24.14 and sold an equal number of shares at $44.57 per share. Complimentary in-depth research on ORCL is available at:

http://get.Investor-Edge.com/pdf/?c=Oracle&d=09-Jan-2015&s=ORCL

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