Oracle’s Earnings Call

Here’s the guidance portion from yesterday’s earnings call from Oracle ($ORCL), courtesy of Seeking Alpha:

Now to the guidance. And as many of you remember, we had a great second quarter last year with New License up 21% on a non-GAAP basis and up 33% and GAAP EPS up 27%. So let me just say that again. New License was up 21%, non-GAAP EPS was up 33% and GAAP EPS was up 27%. So those are pretty tough comparisons, and we don’t expect much help from currency because at this point, it looks like only 1% stays where it is.

New Software License revenue growth is expected to range from 6% to 16% in growth. Hardware Product revenue growth is expected to range from flat to negative 5%. However, we do expect gross margins and profitability of our overall Hardware business to improve during the quarter as we continue to move away from selling low-margin commodity servers and focus on selling engineered systems like Exadata, Exalogic and SPARC Solaris system.

Total revenue growth on a non-GAAP basis is expected to range from 4% to 8%. On a GAAP basis, we expect total revenue growth of 5% to 9%. Non-GAAP EPS is expected to be somewhere between $0.56 and $0.58, up from $0.51 last year. GAAP EPS is expected to be $0.44 to $0.46. This guidance assumes a GAAP and non-GAAP tax rate of 27%. Of course, it may end up being different.

Posted by on September 21st, 2011 at 5:15 pm


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