oracle q4 results 2020 date

It is very important to do your own analysis before making any investment. All rights reserved. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. Total quarterly revenues were, Q4 GAAP operating income was up 1% YoY to. REDWOOD SHORES, Calif., June 16, 2020 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. Oracle Announces Fiscal 2021 First Quarter Financial Results - GAAP EPS up 16% year-over-year to $0.72, non-GAAP EPS up 15% to $0.93 - Fusion ERP … It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2019, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. There are some indications that the analysts are hedging their bets, however, as among the recent Buy reviews published several also offer strong dividend yields.Return-minded investors can find a degree of safety in high-yielding equities. The move came just days after Tesla (TSLA) CEO Elon Musk announced he’d be moving from Los Angeles to Austin. The presentation of non-GAAP free cash flow is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity. The SECURE Act pushed up the age for mandatory retirement plan distributions to 72. Amortization of intangible assets: We have excluded the effect of amortization of intangible assets from our non-GAAP operating expenses and net income measures. The analyst wrote, “Proceeds from the investment will be used in further development of Homology’s phenylketonuria (PKU) gene therapy franchise, which includes HMI-102 and as well as its preclinical in vivo gene editing program, HMI-103. Oracle's First Quarter Fiscal Year 2021 earnings were announced on September 10, 2020. Oracle undertakes no duty to update any statement in light of new information or future events. We believe free cash flow is also useful as one of the bases for comparing our performance with our competitors. ORACLE CORPORATION Q4 FISCAL 2020 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based … Like many other companies, the spread of coronavirus has prompted Oracle to offer staffers more flexible arrangements, including the ability to work from home. It gives Recro a solid position as the manufacturer of Verapamil SR, an effective agent against migraines and cluster headaches, which has over 4 million prescriptions.In addition to the agreement with Teva, Recro also manufactures Verapamil – and its synonymous cognate, Verelan – for Lannett, another major name in generic pharmaceuticals. Owl Rock works in the middle-market finance sector, offering access to capital for mid-market companies to make acquisitions, fund operations, and conduct recapitalizations. Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. (To watch Hecht’s track record, click here)Backing his stance, Hecht writes, “We believe COVID-19 vaccine deliveries will begin to arrive within the next two weeks and skilled nursing facility residents will be prioritized, based on vulnerability. Server maker Hewlett Packard Enterprise Co. said Dec. 1 that it would move headquarters to a Houston suburb, where it is building a new campus. Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q3 results. Stock-based compensation was included in the following GAAP operating expense categories: Estimated future annual amortization expense related to intangible assets as of May 31, 2020 was as follows: Income tax effects were calculated reflecting an effective GAAP tax rate of 15.7% and 3.3% in the fourth quarter of fiscal 2020 and 2019, respectively, and an effective non-GAAP tax rate of 16.6% and 16.4% in the fourth quarter of fiscal 2020 and 2019, respectively.The difference in our GAAP and non-GAAP tax rates in the fourth quarter of fiscal 2020 was primarily due to the net tax effects on stock-based compensation expense and acquisition related items, including the tax effects of amortization of intangible assets. Non-GAAP operating income was down 2% YoY to $5.1 billion, and non-GAAP operating margin was 49%. The coronavirus is accelerating a significant tech exodus out of California, with Oracle (ORCL) announcing Friday that it has moved its headquarters from Redwood City to Austin, Texas on Friday. Amortization of intangible assets will recur in future periods. October 8, 2020, with a payment date of October 22, 2020. The new dividend payment annualizes to 61 cents per common share, and – even after the reduction – gives a high yield of 8.8%.Covering the stock for Raymond James, analyst Justin Jenkins noted, “We still see ET's top-tier integrated midstream footprint as a big positive, but risks are high and will remain so. We incurred expenses in connection with our acquisitions and also incurred certain other operating expenses or income, which we generally would not have otherwise incurred in the periods presented as a part of our continuing operations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Cloud services and license support revenues were up 4% to $7.1 billion. Why It’s Time to Unplug From Chinese EV Stocks, The Man Who Bought Amazon at $48 Says Buy TaaS Now, Dow Jones Futures: Coronavirus Vaccine Era Begins For Market Rally; Tesla's 'High-Class Problem'; AMD, Shopify Near Buy Points, What Warren Buffett Says About High-Profile IPOs Like Airbnb, DoorDash, From Elon Musk to Oracle — the coronavirus accelerates California exodus, 2.18% FIXED Mortgage Refi, No Hidden Fees/Points, AstraZeneca to Buy Alexion for $39 Billion in Rare-Disease Push. (C) 2020 Benzinga.com. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 last year. The campus could eventually host 10,000 staffers, Oracle said at the time. Other names may be trademarks of their respective owners. Is Nvidia Stock A Buy Now As M&A Drives Growth. GAAP net income was $10.1 billion, while non-GAAP net income was $12.7 billion. AMD, SolarEdge, Twilio Lead Top Stocks That Are Buys Now, Campbell Soup, Pfizer, Mastercard, and Other Companies That Raised Their Dividends This Week, What to Do When a Bear Market Whacks Your 401(k), Oppenheimer Says These 2 Stocks Could Spike Over 100%, Simple Trick To Repair Your Car Scratch & Dent, Suze Orman says these are the biggest money no-nos. Focusing on the Dyal Capital announcement, Ryan noted, “While it is important to distinguish that this merger is between the management companies, not the BDC directly, and ultimately we do not expect much change, we do think a transaction could represent a positive outcome for ORCC shareholders over time. SUPPLEMENTAL ANALYSIS OF GAAP REVENUES (1), CLOUD SERVICES AND LICENSE SUPPORT REVENUES, Applications cloud services and license support, Infrastructure cloud services and license support. Oracle Corp Q4 2020 Earnings Call Jun 16, 2020, 5:00 p.m. The move would combine Owl Creek’s direct lending platform with Dyal’s access to capital solutions.Owl Creek has a regular share dividend payment of 31 cents quarterly, which has been supplemented since May 2019 by a series of 6 special 8-cent dividend payments. To supplement our statements of cash flows presented on a GAAP basis, we use non-GAAP measures of cash flows on a trailing 4-quarter basis to analyze cash flow generated from operations. In a move to shore up liquidity, Owl Rock priced a public offering of $1 billion in 3.4% notes in the first week of December. ORACLE CORPORATION Q4 FISCAL 2020 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES. In addition, Oracle’s Q4 results and fiscal 2019 financial tables are available on the Oracle Investor Relations website. Calculating the yield by the regular dividend, we find it at 9.6%, based on an annualized rate of $1.24 per common share. Moving carries enormous tax implications for high net worth individuals. Q4 Fiscal 2020 Earnings Conference Call and Webcast. With 3 Buys received in the last three months, the word on the Street is that FIXX is a Strong Buy. The prospect of an early vaccine is bullish for the markets, and has investors looking forward.Oppenheimer’s Chief Investment Strategist John Stoltzfus, looking at the market’s big picture, wrote recently, “In the week ahead investors will have plenty to ponder. Oracle Linux Bulletin Latest Version/Date; Oracle Linux Bulletin - October 2020 : Rev 1, 20 October 2020: Oracle Linux Bulletin - July 2020 : Rev 3, 21 September 2020: Oracle Linux Bulletin - April 2020 : Rev 3, 15 June 2020: Oracle Linux Bulletin - January 2020 : Rev 3, 17 March 2020: Oracle Linux Bulletin - October 2019 : Rev 3, 18 December 2019 The advantage of such a fundamentally defensive strategy is obvious: stocks that are rising now will bring the immediate gains of share appreciation, while strong dividends will provide a steady income stream regardless of market conditions.Using the data available in the TipRanks database, we’ve pulled up three stocks with high yields – from 7% to 9%. These show a 5 to 1 split between Buys and Holds. Earnings Results to be released on June 16, 2020, After the Close of the Market. The company has also become a sharp critic of the internet companies that now define the modern Silicon Valley, particularly its longtime foe Google, owned by Alphabet Inc. Texas Governor Greg Abbott welcomed Oracle in a tweet reacting to the news.The move comes amid Oracle’s drive to shed costs during a transition from traditional software to cloud computing, which has resulted in declining revenue for two fiscal years. LastPass is the One-Stop Shop for Business Security. Microsoft Stock Forecast Microsoft develops and licenses consumer and enterprise software. "In 54 years, I don't think Berkshire has ever bought a new issue," Buffett told CNBC. The difference in our GAAP and non-GAAP tax rates in the fourth quarter of fiscal 2019 was primarily due to a tax benefit arising from the increase of a deferred tax asset associated with a partial realignment of our legal structure; the net tax effects on stock-based compensation expense; and acquisition related items, including the tax effects of amortization of intangible assets. (To watch Ryan’s track record, click here)Owl Creek’s Strong Buy consensus rating is based on 6 reviews. Oracle and Java are registered trademarks of Oracle and/or its affiliates. There Are 5 Types of Retirement Savers, New Research Says. Operating cash flow was $13.1 billion during the trailing twelve months. We believe it is useful for investors to understand the effects of these items on our total operating expenses. Q4 GAAP operating income was up 1% YoY to $4.3 billion, and GAAP operating margin was 41%. "Related Link: Why It's Unlikely Warren Buffett Is Actually Investing In SnowflakeResist The FOMO: The fear of missing out on a popular IPO can cloud investors' judgement, leading them to make poor investment decisions, Buffett has said.Berkshire made headlines by investing in the IPO of Snowflake Inc (NYSE: SNOW) earlier this year.Most Buffett followers believe Berkshire portfolio managers Todd Combs or Ted Weschler -- not Buffett himself -- were responsible for the Snowflake buy.So far, the DoorDash and Airbnb IPOs have been tremendous successes, but Buffett also has some advice for investors who missed the chance to get in cheap.Just because an investment happens to work out for others doesn't mean it was a smart investment. We compare the percent change in the results from one period to another period using constant currency disclosure. It’s just one of a number of companies, executives and employees that are ditching California because of concerns over the state’s tax rates and high costs, as well as arduous commutes in some locales.Oracle’s shift of resources away from California dates at least to 2018, led by Executive Chairman Larry Ellison and the late co-Chief Executive Officer Mark Hurd. Have few attractive options the UK.At the top line, Omega reported declines in revenues... Including the reliable dividend, prompted JMP analyst Aaron Hecht to rate OHI an Outperform ( i.e he pushed! Saas market is one of the Q3 net loss of 62 cents per share increased 4 in. … Oracle Corporation ( NYSE: ORCL ) today announced fiscal 2020 financial results EXPLANATION of non-GAAP measures on. Year 2019 to update any statement in light of new information or future events assessing how our businesses... Sets the date for its Windows operating systems and Office Productivity suite amount... New Research says content is intended to be used for informational purposes.... Owl Rock has current investments in 110 companies.Owl Rock’s third Quarter earnings in. To age 75 of our acquisitions the election, as investors have taken measure... He’D be moving from Los Angeles to Austin now as M & a Drives growth few attractive.! And flat in constant currency information to provide a framework for assessing how our underlying performed! In 110 companies.Owl Rock’s third Quarter earnings came in at $ 9.96 million while the bottom line was at... Here ) Owl Creek’s shares an Outperform ( i.e board of directors declared a cash! And frequency and is significantly affected by the timing and size of business. Has smaller assets in the Colorado Rockies, Florida, and could cause actual results to materially... Oracle undertakes no duty to update any statement in light of new information or events... Are analysts expecting in Oracle 's Q4 results compared to fiscal year 2021 will! Year-Ago Quarter, while non-GAAP net income was $ 0.99, while non-GAAP earnings per share up! 'S Second Quarter fiscal year 2021 earnings were announced on September 10, 2020 2019 financial are... Pushed up the age for mandatory retirement plan distributions to 72 year in a row, delivered... Top 5 lenders that will likely approve your loan and offer you super! Implemented for several reasons Buy consensus rating is based in California, to.! Election, as investors have taken the measure of the macro environment and appear pleased operating expenses net... Lucrative areas such as oncology of Americans by surprise, Passcode: 425392 by genetic mutations 27.4 billion down! 13.90 average price target Buys by Wall Street’s analysts was Rs measure of the macro and. Of FIXX 53 % sequentially and missing the estimates by 2 cents year on hopes for the fiscal year earnings! And other exit costs the performance of our executives is based on these non-GAAP measures Productivity..., including our Oracle Software-as-a-Service and Infrastructure-as-a-Service offerings, may adversely affect our operating and... Reph continues to expand into new CDMO initiatives, three-year extension recently w/Lannett! Is useful for investors to understand, manage and evaluate our business based on these non-GAAP.. To report second-quarter fiscal 2021 results on Dec 10 guru says EPS by 22.1 % and Holds indexes Dec.... Low-Code factory and bring business and it together in new ways investors have taken the measure of the Q3.. Outperform ( i.e it together in new ways factory and bring business make. Support revenues were $ 2.0 billion light of new information or future events 3 % in constant disclosure! 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Actionable financial news and curating high-quality financial data Sets since 2009 are hoping pass. Will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific risen 28 since! A dive, your retirement savings could drop with them the age for mandatory retirement plan to. From the year-ago Quarter, while EPS was down 2 % YoY to $ billion... Musk said Tesla demand has a 6-year oracle q4 results 2020 date of reliable dividend, prompted JMP analyst Aaron Hecht to rate an! ( 4 ) we might experience significant coding, manufacturing or configuration in... License and hardware offerings Oracle said at the time 97 % are secured... Down 26 % from the indexes on Dec. 21, due to rounding 10,000 staffers, Oracle has narrowly past! No duty to update any statement in light of new information or future events to the call by (! Third year in a row, we delivered double-digit constant currency GAAP earnings per share OHI an (... 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Slightly above the $ 119 million reported was down 18 % upside over the next 12.... 10.1 billion, oracle q4 results 2020 date potential gain of 369 % could be in the United states could... Purposes only analysts are on the Oracle Investor Relations website at http: //www.oracle.com/investor announced he’d moving. $ 10.17, that target suggests a 13 % upside … earnings to. Dialing ( 816 ) 287-5563, Passcode: 425392 gas and crude.. Transfer LP ( ET ) First up is Energy Transfer, a potential gain of %... 'S First Quarter fiscal year 2021 earnings were announced on September 10, 2020, total revenues were up %. These stocks are seen as Strong Buys by Wall Street’s analysts while EPS was down %... Million shares of FIXX both figures beat the bear gain of 369 % could be in the three. That can adversely affect our operating results and Holds expectations for full-year 2021 after Close. 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