Similar companies
Company | Revenue | |
---|---|---|
Progress SoftwarePRGS |
185M 4.4% |
Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 12.3B | 2.7% |
Gross Profit | 8.93B | 3% |
Cost of Revenue | 3.41B | 1.8% |
Operating expense | 5.66B | 1.5% |
Net Income | 2.4B | 4.1% |
EBITDA | 4.49B | 2.9% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 137B | 2.1% |
Total Liabilities | 131B | 0.8% |
Total Equity | 5.62B | 45.4% |
Shares Outstanding | 2.75B | 0% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 5.48B | 3728.7% |
Cash from investing | -1.78B | 42.8% |
Cash from financing | -2.46B | 7.6% |
EPS
Financial Highlights for Oracle in Q1 '24
Oracle reported a revenue of 12.3B, which is a 2.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 8.93B, marking a 3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.41B, a 1.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 5.66B, showing a 1.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 2.4B, showing a -4.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 4.49B, showing a 2.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Oracle faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.