Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017.
Here is how the company did compared to LSEG consensus:Earnings per share: $1.39 adjusted vs. $1.32 expected$1.39 adjusted vs. $1.32 expected Revenue: $13.31 billion vs. $13.23 billion expectedOracle's revenue increased 8% from $12.45 billion a year ago, according to a statement.
For the current quarter, Oracle expects revenue growth of 8 to 10%, CEO Safra Catz said on the earnings call.
The company said its cloud services and license support business generated $10.52 billion in revenue.
During the quarter, Oracle announced the opening of a second cloud region in Saudi Arabia and said its database software will be available through Google's public cloud.
Persons:
Larry Ellison, Safra Catz, Catz, Oracle's, Ellison, Oracle
Organizations:
Oracle Corp, Oracle, Amazon Web Services
Locations:
San Francisco, Saudi Arabia