Will Oracle beat expectations? Oracle Corp Q4 2020 Earnings Call Jun 16, 2020, 5:00 p.m. After the closing bell yesterday, software giant Oracle (ORCL - Free Report) reported better-than-expected fiscal fourth-quarter 2020 results.The company beat the Zacks Consensus Estimate for earnings and but lagged on revenues. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in … Oracle announced fiscal 2020 Q4 and fiscal 2020 full year results. After the closing bell yesterday, software giant Oracle ORCL reported better-than-expected fiscal fourth-quarter 2020 results. Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. Earnings per share came in at $1.20, beating the Zacks Consensus Estimate of $1.04 and improving 3% from the year-ago quarter. ORACLE CORPORATION Q4 FISCAL 2020 FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS ($ in millions, except per share data) % Increase % Increase (Decrease) % of % of (Decrease) in Constant 2020 Revenues 2019 Revenues in US $ Currency (1) REVENUES Cloud services and license support $ 6,845 66% $ 6,799 61% 1% 3% The report showed four areas of Oracle’s business that were suffering. Revenue for the quarter was USD 10.4 billion, decreasing by 6.3% year over year from USD 11.1 billion. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Last night technology giant Oracle announced its full year and fourth quarter results for fiscal year 2020 and, to the surprise of few, the impact of the coronavirus was plain to see. Home; Apartment; Beaches; Leisure & Visits. The company delivered revenues of $10.4bn for its fiscal Q4 – the three months to May 31 – down six per cent year-on-year. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Oracle ORCL is scheduled to announce fourth-quarter fiscal 2020 results on Jun 16. Oracle shares fell as much as 5% in extended trading on Tuesday after the company reported fiscal fourth-quarter results that missed analysts’ revenue estimates. ET For the fiscal fourth quarter, the company anticipates total revenue growth rate on a year-over-year basis in the range of (2%) to 2%, U.S. Dollar (USD) and constant currency (cc). Pearl of the Costa Del Sol. Oracle sees 1% decline in full year-on-year 2019-20 revenue, and a 6% drop in its fourth quarter, but takes comfort from OCI Zoom win in pandemic crisis. A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 1424537. Oracle ORCL is scheduled to announce fourth-quarter fiscal 2020 results on Jun 16. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. In addition, Oracle’s Q4 results and fiscal 2020 financial tables are available on the Oracle Investor Relations website. During the analyst call, Safra Catz, CEO at Oracle focused more on future revenue and the pipeline rather than celebrating the earnings, which missed the revenue estimates. Oracle shares fell as much as 5% in extended trading on Tuesday after the company reported fiscal fourth-quarter results that missed analysts’ revenue estimates. Oracle's non-GAAP net income for the fourth quarter was $3.8 billion, while non-GAAP earnings per share were up 3% year-over-year to $1.20. Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. oracle revenue 2020. Oracle Corporation has announced fourth quarter (Q4) and fiscal year (FY) 2020 full year results on Wednesday, reporting revenues of $10.4 billion. Oracle Earnings: ORCL Stock Drops 5% on Mixed Q4 Results ORCL beat EPS estimates but missed on revenue By William White , InvestorPlace Writer Jun 16, 2020, 4:17 pm EST June 16, 2020 Shares dropped after the results by 4.9 per cent to $51.97. Golf Hills Complex; Estepona; Outside Estepona The company saw a departure from growth in Q4 2020, with revenues seeing a year-on … ET. Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. Last updated: December 13, 2020 by December 13, 2020 by What are analysts expecting in Oracle's Q4 results? The company beat the Zacks Consensus Estimate for earnings and but lagged on revenues. Oracle plans to release its results for the fourth quarter of fiscal 2020 on Tuesday after the market close. Total quarterly revenues were $10.4 billion, down 6% year-over-year and down 4% in constant currency compared to Q4 last year. Press Release Oracle Sets the Date for its Fourth Quarter and Fiscal Year 2020 Earnings Announcement Published: June 4, 2020 at 4:00 p.m. The company reported results for its fiscal quarter ending in November, which we count as part of our Q4 tally. The database giant said its subscriptions for Fusion and NetSuite were the star of the quarter. On June 16, 2020, Oracle released its Q4 report for their fiscal year and the results show case exactly how hard Oracle has been hit by the COVID-19 pandemic . Learn why Forrester named Oracle as a Leader in The Forrester Wave™: Partner Relationship Management, 2020 Q4 report, including how “Oracle has put specific focus on the PRM market and now delivers a complete and capable partner management platform.” In addition, Oracle’s Q4 results and fiscal 2020 financial tables are available on the Oracle Investor Relations website. Oracle fiscal Q2 results top expectations, profit forecast higher, boosted by cloud. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 last year. Oracle has announced its fourth-quarter 2020 and full-year results. Oracle's (ORCL) fiscal second-quarter results are likely to reflect robust uptick in cloud infrastructure services, ... 2020. ETFs with the highest allocation to the software giant are likely to be big movers this week and in the next post Oracle results. In the past two quarters, Oracle has narrowly edged past analyst expectations. Oracle reported its financial results for the fourth quarter and its full fiscal year 2020, which ended May 31st 2020. A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 1424537. The report will be for the three months which ended in May. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 … Revenue was down 6% from a year ago in the quarter, which ended on May 31, according to a statement.. Here’s how the company did: Earnings: $1.20 per share, adjusted Revenue: $10.44 billion Oracle shares slipped in after-hours trading as the database giant reported fiscal fourth quarter results weighed down by the global coronavirus pandemic. Oracle’s Results Released for Q4. Wall Street is expecting earnings to come in at $1.19 per share, down from the $1.27 seen in the same quarter last year. 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