8-K
ORACLE CORP (ORCL)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 8, 2022
Oracle Corporation
(Exact name of registrant as specified in its charter)
| Delaware | 001-35992 | 54-2185193 |
|---|---|---|
| (State or other jurisdiction of<br> <br>incorporation) | (Commission<br> <br>File Number) | (IRS Employer<br> <br>Identification No.) |
2300 Oracle Way, Austin, Texas 78741
(Address of principal executive offices) (Zip Code)
(737) 867-1000
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading<br>Symbol(s) | Name of each exchange<br>on which registered |
|---|---|---|
| Common Stock, par value $0.01 per share | ORCL | New York Stock Exchange |
| 3.125% senior notes due July 2025 | ORCL | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 2—Financial Information
| Item 2.02 | Results of Operations and Financial Condition |
|---|
On July 8, 2022, Oracle Corporation issued a press release that included additional financial results for its fiscal fourth quarter ended May 31, 2022. A copy of this press release is furnished as Exhibit 99.1 to this report.
Section 9—Financial Statements and Exhibits
| Item 9.01 | Financial Statements and Exhibits |
|---|
(d) Exhibits
| Exhibit No. | Description of Exhibit |
|---|---|
| 99.1 | Press Release – Oracle Cloud Enters Hyper-Growth Phase Leading into Oracle CloudWorld, dated July 8, 2022 |
| 104 | Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ORACLE CORPORATION | ||
|---|---|---|
| Dated: July 11, 2022 | By: | /s/ William Corey West |
| William Corey West | ||
| Executive Vice President, Chief Accounting Officer |
EX-99.1
Exhibit 99.1
Press Release
Oracle Cloud Enters Hyper-Growth Phase Leading into Oracle CloudWorld
AUSTIN, Texas — July 8, 2022 — Oracle Corporation (NYSE: ORCL) will welcome customers and partners to the industry’s most important event, Oracle CloudWorld Las Vegas, on October 17-20, 2022. With keynotes featuring customers and executives sharing practical lessons, more than 1,200 technical and strategic sessions, and comprehensive hands-on training opportunities, Oracle CloudWorld is the premier venue for business and IT leaders to learn how to create and keep a competitive advantage.
With Oracle CloudWorld on the horizon, Oracle’s cloud business is gaining significant momentum. In the most recent fiscal quarter ending May 31, 2022, total cloud revenues (IaaS plus SaaS) were up 19% in USD, up 22% in constant currency to $2.9 billion. Infrastructure cloud (IaaS) revenues were $792 million, up 36% in USD and up 39% in constant currency. Fusion ERP cloud (SaaS) revenues were $569 million, up 20% in USD and up 23% in constant currency. NetSuite ERP cloud (SaaS) revenues were $574 million, up 27% in USD and up 30% in constant currency. Other SaaS revenues were $955 million, up 4% in USD and up 7% in constant currency.
“As we prepare to welcome our customers to Oracle CloudWorld in Las Vegas this fall, I am thrilled about the strong growth we have seen across our entire portfolio of cloud applications and infrastructure,” said Oracle CEO, Safra Catz. “We look forward to helping customers of all sizes and in every industry discover even more ways they can drive revenue, maximize profitability and improve their businesses with Oracle Cloud.”
Register for Oracle CloudWorld.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
Contact Info
Deborah Hellinger
Oracle Corporate Communications
deborah.hellinger@oracle.com
“Safe Harbor” Statement: Statements in this press release relating to Oracle’s future plans, expectations, beliefs, intentions and prospects, including statements related to the growth of Oracle’s cloud business, are “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and
could cause actual results to differ materially. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or by contacting Oracle’s Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/. All information set forth in this press release is current as of July 8, 2022. Oracle undertakes no duty to update any statement in light of new information or future events.