Oracle Q4 net income jumps 25 per cent to $2.4 billion; 2010 net up 10 per cent at $6.1 billion
26 Jun 2010
Oracle Corporation has reported a 25 per cent jump in net income (GAPP) to $2.4 and a 39 per cent jump in total revenues to $9.5 billion for the fiscal fourth quarter.
For fiscal 2010 Oracle reported a 10 per cent rise in net income at $6.1 billion.
GAAP operating income for the quarter was up 14 per cent at $3.3 billion, and GAAP operating margin was 35 per cent.
Non-GAAP net income was up 31 per cent at $3.0 billion. Total non-GAAP revenues were up 40 per cent at $9.6 billion while operating income was up 26 per cent at $4.4 billion, and non-GAAP operating margin was 46 per cent.
GAAP earnings per share were up 24 per cent at $0.46, compared to last year while non-GAAP earnings per share were up 30 per cent at $0.60.
Oracle estimates that in Q4 of fiscal 2010, Sun reduced GAAP operating income by approximately $100 million, including $176 million of amortisation, and contributed approximately $400 million to non-GAAP operating income.
