Company Earnings Update 4 minutesRegister for Free AccessOracle (NYSE: ORCL) 1Q20 Results: In-Line Quarter, Year on Track, CEO Taking Health-Related Leave Coresight Research September 13, 2019 Executive Summary Oracle reported fiscal 1Q20 revenues of $9.22 billion, up 0.2% year over year and slightly below the consensus estimate. Adjusted EPS was $0.81, up 13.7% year over year and in line with the consensus estimate. Cloud license and on-premise license was the fastest-growing segment, with revenues up 3.0% year over year. The cloud ERP businesses, which includes Fusion ERP and NetSuite ERP, grew 33% in the quarter. The company did not change fiscal 2020 guidance, which calls for revenues to grow faster than in FY19 in constant currency (faster than 3%) and double-digit EPS growth. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Watch Market: Traditional Watches Cede Share to Smartwatches, While Luxury Offerings Continue To Grow10 Key Trends Shaping Livestreaming E-Commerce in 2023Holiday 2024—Half of Holiday Shoppers Buy from Amazon: US Consumer Survey InsightsChina Consumer Tracker: Understanding Beauty Shoppers
