Wednesday, February 07, 2007
Telecoms and Software News
Telecoms and Software News: "guidance
Last night, Oracle released its results for the quarter to 30 November, its fiscal Q2 2007. Total revenues were $4.16 billion, up 26% on last year's revenues, or 23% at constant currencies. Operating income was $1.36 billion up 22% (16% constant currencies), and though operating margin declined to 32.6% from 33.9% a year ago, last year's margin was boosted by the reversal of litigation expenses, and without this the margins would have been almost identical.
Total EMEA revenues were up by 30% to $1.42 billion. However, since the average value of the Euro was 6% higher in the quarter just closed compared to last year and in the UK (Oracle's largest market outside the US) the pound was higher by almost 7%, the EMEA revenues were probably up by around 24% in constant currencies. Revenues from the Americas were up by 25% to $2.17 billion while Asia-Pacific revenues were up 22% to $571 million."
Last night, Oracle released its results for the quarter to 30 November, its fiscal Q2 2007. Total revenues were $4.16 billion, up 26% on last year's revenues, or 23% at constant currencies. Operating income was $1.36 billion up 22% (16% constant currencies), and though operating margin declined to 32.6% from 33.9% a year ago, last year's margin was boosted by the reversal of litigation expenses, and without this the margins would have been almost identical.
Total EMEA revenues were up by 30% to $1.42 billion. However, since the average value of the Euro was 6% higher in the quarter just closed compared to last year and in the UK (Oracle's largest market outside the US) the pound was higher by almost 7%, the EMEA revenues were probably up by around 24% in constant currencies. Revenues from the Americas were up by 25% to $2.17 billion while Asia-Pacific revenues were up 22% to $571 million."
