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Aug 31, 2020
Oracle Q1 2021 Earnings Report
Oracle's first quarter of fiscal year 2021 resulted in a 2% increase in total revenue, reaching $9.4 billion, with GAAP EPS up 16% to $0.72 and non-GAAP EPS up 15% to $0.93.
Key Takeaways
Oracle announced its Q1 fiscal year 2021 results, with total quarterly revenues up 2% year-over-year to $9.4 billion. GAAP EPS increased by 16% to $0.72, and non-GAAP EPS rose by 15% to $0.93. Cloud services and license support revenues also increased by 2% to $6.9 billion.
GAAP EPS increased by 16% year-over-year to $0.72, while non-GAAP EPS increased by 15% to $0.93.
Total quarterly revenues were up 2% year-over-year to $9.4 billion.
Cloud services and license support revenues were up 2% to $6.9 billion.
Fusion ERP cloud revenue increased by 33%, and NetSuite ERP cloud revenue increased by 23%.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Oracle anticipates revenue acceleration and continued growth in cloud applications and infrastructure businesses.
Positive Outlook
- Total revenue beat guidance by more than $150 million.
- Non-GAAP earnings per share beat guidance by $0.07.
- Fusion ERP cloud revenue was up 33%.
- NetSuite ERP cloud revenue was up 23%.
- Revenue from Zoom more than doubled from Q4 last year to Q1 this year.
Challenges Ahead
- The COVID-19 pandemic has affected business operations and future financial performance remains uncertain.
- The ability to develop new products and services and integrate acquired ones is crucial.
- The cloud strategy may adversely affect revenues and profitability.
- Security breaches in products and services could damage brand reputation and reduce revenue.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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