Oracle Corporation Sinks Following Q4 Results

Shares of Oracle Corporation ORCL are moving lower in the after-hours trade following the release of its Q4 earnings results. Currently, shares are lower by 6.34%, at $30.40; they closed the regular session higher by 0.80%, at $32.45. Oracle Corporation said that Q4 EPS came in at $0.75 on revenues of $10.78 billion. The Street was at $0.71 per share on revenues of $10.74 billion. Revenues increased 11.9% year over year. "In Q4, we achieved a 19% new software license growth rate with almost no help from acquisitions," said Oracle President and CFO, Safra Catz. "This strong organic growth combined with continuously improving operational efficiencies enabled us to deliver a 48% operating margin in the quarter. As our results reflect, we clearly exceeded even our own high expectations for Sun's business." "In addition to record setting software sales, our Exadata and Exalogic systems also made a strong contribution to our growth in Q4," said Oracle President, Mark Hurd. "Today there are more than 1,000 Exadata machines installed worldwide. Our goal is to triple that number in FY12." Oracle Corporation is an enterprise software company. The company develops, manufactures, markets, distributes and services database and middleware software, applications software and hardware systems, consisting primarily of computer server and storage products. I