To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2019, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. Inside Oracle Corp's 10-K Annual Report: Financial - Expense Highlight Amortization of intangible assets decreased in fiscal 2020 due to a reduction in expenses associated with certain of our intangible assets that became fully amortized, partially offset by additional amortization from intangible assets that we acquired in connection with our recent acquisitions.
Total sales contributed to $9.8 billion, rising 2% in USD and 3% in constant currency relative to Q3 last year. Oracle Financial Services Software– Annual Report 21-19 Offices India Oracle Financial Services Software Limited 7-8, R-Tech Park Nirlon Knowledge Park Off Western Express Highway Goregaon (East), Mumbai 400063 Maharashtra, India Oracle Park, Ambrosia Pune 411021, Maharashtra, India C/o Embassy Business Park C.V. Raman Nagar We compare the percent change in the results from one period to another period using constant currency disclosure. The board of directors declared a quarterly cash dividend of $0.24 per share of outstanding common stock. GAAP net income was $3.1 billion, and non-GAAP net income was $3.8 billion. The difference in our GAAP and non-GAAP tax rates in fiscal 2019 was primarily due to adjustments in our estimates for the one-time effects of the U.S. Tax Cuts and Jobs Act of 2017 (refer to Appendix A for additional information); a tax benefit arising from the increase of a deferred tax asset associated with a partial realignment of our legal structure; the net tax effects on stock-based compensation expense; and acquisition related items, including the tax effects of amortization of intangible assets. Oracle undertakes no duty to update any statement in light of new information or future events. Non-GAAP operating income was $17.4 billion, and non-GAAP operating margin was 44%. WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: We compare the percent change in the results from one period to another period using constant currency disclosure.
Chairman’s statement Our priority is to support our employees and our portfolio companies, while continuing to deliver superior returns for our shareholders. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Oracle Reports customers can migrate to Oracle BI Publisher at their own pace while continuing to receive extended support.
Oracle’s 2020 Annual Meeting of Stockholders will be held on Wednesday, November 04, 2020, at 10:00 a.m., Pacific Time, in a virtual format. If connection is of JDBC thick connection format
Create an account, Consolidated Balance Sheets Parenthetical, Consolidated Statements Of Comprehensive Income, Consolidated Statements Of Equity Parenthetical, Organization And Significant Accounting Policies, Cash, Cash Equivalents And Marketable Securities, Leases, Other Commitments And Certain Contingencies, Organization And Significant Accounting Policies (Policies), Organization And Significant Accounting Policies (Tables), Cash, Cash Equivalents And Marketable Securities (Tables), Notes Payable And Other Borrowings (Tables), Derivative Financial Instruments (Tables), Leases, Other Commitments And Certain Contingencies (Tables), Organization And Significant Accounting Policies Narrative (Details), Organization And Significant Accounting Policies (Details), Cash, Cash Equivalents And Marketable Securities (Details), Cash, Cash Equivalents And Marketable Securities Narrative (Details), Fair Value Measurements Narrative (Details), Notes Payable And Other Borrowings (Details), Notes Payable And Other Borrowings Narrative (Details), Future Principal Payments For All Borrowings (Details), Restructuring Activities Narrative (Details), Derivative Financial Instruments Narrative (Details), Derivative Financial Instruments Effects On Balance Sheets (Details), Derivative Financial Instruments Effects On Earnings And Aocl (Details), Leases, Other Commitments And Certain Contingencies Narrative (Details), Leases, Other Commitments And Certain Contingencies - Schedule Of Maturities Of Operating Lease Liabilities (Details), Leases, Other Commitments And Certain Contingencies - Schedule Of Unconditional Purchase And Certain Other Obligations (Details), Employee Benefit Plans Narrative (Details), Tax Benefits From Exercises Of Stock Options And Vesting Of Restricted Stock-Based Awards Narrative (Details), Deferred Contribution Plans Narrative (Details), Deferred Compensation Plans Narrative (Details), Income Taxes - Geographical Breakdown Of Income Before Provision For Income Taxes (Details), Income Taxes - Components Of Provision For Income Taxes (Details), Income Taxes - Reconciliation Of Differences Between Federal Statutory Tax Rate And Effective Tax Rate (Details), Income Taxes - Components Of Deferred Tax Liabilities And Assets (Details), Income Taxes - Components Of Deferred Tax Liabilities And Assets Continued (Details), Income Taxes - Gross Unrecognized Tax Benefits, Including Acquisitions (Details), Segment Information Reconciliation (Details), Summary Of Total Revenues By Geographic Region (Details), Summary Of Cloud Service And License Support Revenues By Ecosystems (Details), Valuation And Qualifying Accounts (Details), Exhibit 21.01: Subsidaries Of The Registrant, Exhibit 23.01: Consents Of Experts And Counsel, Exhibit 31.01: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 32.01: Section 1350 Certification, https://last10k.com/sec-filings/orcl/0001564590-20-030125.htm.
(3) Our cloud strategy, including our Oracle Software-as-a-Service and Infrastructure-as-a-Service offerings, may adversely affect our revenues and profitability. Oracle and Java are registered trademarks of Oracle and/or its affiliates. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2019, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. +1.650.506.4073 Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Oracle BI Publisher is Oracle’s strategic product for enterprise reporting. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. These estimates and assumptions include, among others, revenue growth rates and operating margins used to calculate projected future cash flows, risk-adjusted discount rates, future economic and market conditions, and the determination of appropriate market comparables. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. These costs are largely personnel and infrastructure related including the cost of providing our cloud services and license support offerings, salaries and commissions earned by our sales force for the sale of our cloud and license offerings, and marketing program costs. By providing your email address below, you are providing consent to Oracle Corporation to send you the requested Investor Email Alert updates. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rates in effect on May 31, 2019, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. You must click the activation link in order to complete your subscription.