Last night after the market closed, Oracle reported its Q4 and FY09 results for the period ending May 31. And they did it in a tidy 40 minutes or so. Here are some of the highlights and some additional notes:
- FY09 revenue was $23.252B, up 4% in dollars and 10% in constant currencies over FY08.
- Software license updates and product support—or maintenance—contributed $11.754B, or 50% of total revenue. This is 14% in dollars and 19% in constant currencies.
- It was not a good year for new license sales of Oracle applications. New app sales accounted for $2B in revenue, down 16% from the $2.369B reported last year.
- There were two bright spots, though. Application customers generated $4.1B in maintenance revenue, up 18% year-over-year. On Demand revenue came in at $779M, up 12% from FY09. This would place the company in a dead heat with Intuit for second place behind salesforce.com.
- With the expected release of Oracle Fusion Apps later this year (and delivery next year), the company will provide customers with three implementation options: Traditional on-premise, on demand, and Oracle-hosted on demand in the customer’s own data center.
- The company ended the year with $12.6B in cash and investments.
- Oracle provided 1Q10 guidance of 1% to 4% growth in constant currencies.
- 26% of Oracle E-Business Suite customers have upgraded to version 12.
- Annual R&D spending is running around $3B.
- The Sun deal is expected to close this quarter.
- Based on yesterday’s closing price, Oracle’s market cap is $99.02B. To put this in perspective, it’s more than twice that of arch-rival SAP which is valued at $47.03B.
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