Oracle Corporation Japan Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended November 30, 2019; Provides Earnings Guidance for the Year Ending May 31, 2020
December 20, 2019 at 01:00 am EST
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Oracle Corporation Japan reported unaudited consolidated earnings results for the second quarter ended November 30, 2019. For the second quarter, the company's revenue was ¥97,485 million against ¥91,254 million last year. Operating income was ¥30,052 million against ¥27,784 million last year. Net income was ¥20,790 million against ¥19,276 million last year. Net income per diluted share was ¥162 against ¥150 last year.
For the year ending May 31, 2020, the company expects revenue growth of 1.0% to 5.0% and net income per share of ¥340 to ¥350.
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 Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended November 30, 2019; Provides Earnings Guidance for the Year Ending May 31, 2020