Our GPU clusters are built using the highest-bandwidth and lowest-latency RDMA network-and scale up to 32,000 GPUs. NVIDIA themselves are using our clusters, including one with more than 4,000 GPUs, for their AI infrastructure. “Why? Because Oracle has the highest performance, lowest cost GPU cluster technology in the world. “Oracle’s Gen2 Cloud has quickly become the number 1 choice for running Generative AI workloads,” said Oracle Chairman and CTO, Larry Ellison. That bodes well for another strong year in FY24.” So, both of our two strategic cloud businesses are getting bigger-and growing faster. Our cloud applications growth rate also accelerated in FY23. Our infrastructure growth rate has been accelerating-with 63% growth for the full year, and 77% growth in the fourth quarter. “Annual revenue growth was led by our cloud applications and infrastructure businesses which grew at a combined rate of 50% in constant currency. “Oracle’s revenue reached an all-time high of $50 billion in FY23,” said Oracle CEO, Safra Catz. GAAP earnings per share was $3.07, while non-GAAP earnings per share was $5.12. GAAP net income was $8.5 billion, while non-GAAP net income was $14.2 billion. Non-GAAP operating income was $20.9 billion, and non-GAAP operating margin was 42%. For fiscal 2023, Cerner contributed $5.9 billion to total revenues.įiscal year 2023 GAAP operating income was $13.1 billion, and GAAP operating margin was 26%. Cloud license and on-premise license revenues were down 2% in USD and up 2% in constant currency to $5.8 billion. Cloud services and license support revenues were up 17% in USD and up 21% in constant currency to $35.3 billion. Operating cash flow was $17.2 billion during fiscal year 2023, up 80% in USD.įiscal year 2023 total revenues were up 18% in USD and up 22% in constant currency to $50.0 billion. Short-term deferred revenues were $9.0 billion. dollar strengthening compared to foreign currencies, Oracle’s reported Q4 non-GAAP earnings per share would have been $0.03 higher. Q4 GAAP earnings per share was $1.19 while non-GAAP earnings per share was $1.67. GAAP net income was $3.3 billion, and non-GAAP net income was $4.7 billion. GAAP operating margin was 30%, and non-GAAP operating margin was 44%. Non-GAAP operating income was $6.2 billion, up 10% in USD and up 12% in constant currency. Q4 GAAP operating income was $4.1 billion. For the fourth quarter of fiscal 2023, Cerner contributed $1.5 billion to total revenues. Cloud license and on-premise license revenues were down 15% in USD and down 14% in constant currency to $2.2 billion. Cloud services and license support revenues were up 23% in USD and up 25% in constant currency to $9.4 billion. Total quarterly revenues were up 17% year-over-year in USD and up 18% in constant currency to $13.8 billion. It is often the case that at the end of each day all votes in the AEC’s possession have been counted - transport takes time and we are guided by the principle of “right, not rushed”.Oracle Corporation (NYSE: ORCL) today announced fiscal 2023 Q4 and full-year results. It’s not just a matter of more AEC staff resulting in a quicker count. Scanning, data entry and human verification of millions of Senate preferences.A mandatory secondary count and full distribution of preferences for all House of Representatives ballot papers.Delivery, receipt and enrolment verification of 1m+ postal votes.Secure packaging, transport and enrolment verification of millions of ballot papers cast away from home.While election night will see approximately 20-25 million ballot papers counted, this is an indicative count, and what follows is: Within AEC walls, election night is considered the halfway mark of a federal election, and for good reason.
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