Oracle Corporation Japan Announces Earnings Results for the Period Ended February 28, 2019; Provides Earnings Guidance for the Period Ending May 31, 2019
March 22, 2019 at 02:00 am EDT
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Oracle Corporation Japan announced earnings results for the period ended February 28, 2019. Revenue was JPY 139,784 million compared to JPY 131,716 million a year ago, Operating Income was JPY 42,421 million compared to JPY 39,225 million a year ago. Ordinary Income was JPY 42,430 million compared to JPY 39,164 million a year ago. Net Income was JPY 29,387 million compared to JPY 27,028 million a year ago. Net income per share was JPY 229 compared to JPY 211 a year ago.
For the period ending may 2019 revenue is expected to change between 1% to 5%. Net income per share is expected to be JPY 305 to JPY 315.
Oracle Corp Japan is a Japan-based company mainly engaged in the sale of software, servers, storage and hardware. The Company operates in three business segments. The Cloud & License segment is engaged in the sale of database management software, middleware, application software used in corporate activities, and the provision of services for these software and hardware through the Internet, as well as the provision of software license renewal rights and technical support. The Hardware Systems segment is engaged in the sale of servers, storage, engineered systems, network equipment, as well as the provision of technical support, repair service and maintenance for hardware products. The Service segment provides consulting services, advanced customer support services and education services.
Oracle Corporation Japan Announces Earnings Results for the Period Ended February 28, 2019; Provides Earnings Guidance for the Period Ending May 31, 2019