Company Profile For Oracle Corporation

Oracle Corporation (ORCL.O) (Nasdaq)
sector: Technology · industry: Software ·
As of  4:41pm GMT
22.62USD
Price Change
+0.48
Percent Change
+2.17%
 
 
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Overview

Oracle Corporation (Oracle) is an enterprise software company. The Company develops, manufactures, markets, distributes and services database and middleware software, as well as applications software that help its customers manage their businesses. Oracle is organized into two businesses: software and services. These businesses are further divided into five operating segments. Its software business consists of two operating segments, new software licenses, and software license updates and product support. Its services business consists of three operating segments, consulting, On Demand and education. The Company’s software and services businesses represented 81% and 19% of its total revenues, during the fiscal year ended May 31, 2009 (fiscal 2009). In July 2009, the Company completed the acquisition of Relsys International, Inc.

Quick Financial Synopsis

BRIEF: For the three months ended 31 August 2009, Oracle Corporation's revenues decreased 5% to $5.05B. Net income increased 4% to $1.12B. Revenues reflect a decrease in income from new software licenses, lower income from services. Net income was offset by a decrease in sales & marketing expenses, lower software license updates & product support expenses, a decrease in cost of services and lower research & development expenses.

Company Address

Oracle Corporation
500 Oracle Parkway
Redwood City   CA   94065
P: +1650.5067000
F: +1650.5067200

Total Employees

84639

Find Out More About ORCL.O

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