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Oracle Corp posts annual revenue of $49,954 million in 2023

Oracle Corp posts annual revenue of $49,954 million in 2023

Key fundamental financials
  • profit of $8,503 million
  • earnings per share of $3.07
  • Revenue of $49,954 million

By USInMinutes
Published - Jun 20, 2023, 04:17 PM ET
Last Updated - Jul 18, 2023, 03:08 PM EDT
Oracle Corp [ORCL] has reported $8,503 million profit for the fiscal year ending May 31, 2023 while the earnings for the same period were $3.07 per share.

Revenue for the year was $49,954 million with operating income of $13,093 million.

The Redwoodcity, Texas (TX)-based company operating in the prepackaged software sector has total shareholders equity of $1,073 million.

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