Oracle's Americas revenues jump 12.3% in fiscal Q4

- Friday, June 24, 2011

Oracle's Americas revenues jump 12.3% in fiscal Q4

Oracle's (Nasdaq: ORCL) Americas revenues surged 12.3% year-on-year in fiscal 4Q11, ended May 31, hitting US$5.49bn, the company announced in a release.

Yearlong revenues for the region totaled US$18.4bn, a 32% increase from US$13.8bn in fiscal 2010.

The Americas during the quarter represented 50.9% of global revenues, which came in at US$10.8bn, a 13.4% boost from the year-ago period. For the full fiscal year, the region contributed with 51.5% of global revenues, which came in at US$35.6bn, a 32.8% boost from fiscal 2010.

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Of the total in the quarter, software revenues represented the largest piece of the pie at US$7.70bn, up 17.2%, while hardware systems remained basically flat at US$1.83bn and services increased 12.6% to US$1.25bn.

Meanwhile, global net profits for fiscal Q4 surged 36% year-on-year to US$3.21bn, while for the year the increase was 39% to US$8.55bn.

Oracle said that at the end of the quarter, 45,887 of its total 108,429 employees were from the Americas - up 4.36% from the end of fiscal 2010.

Use this link to see the full financial report.

FATWIRE SOFTWARE

In related news, Oracle announced that it had entered into an agreement to acquire web experience management solutions provider FatWire Software.

The value of the transaction was not revealed, but it is expected to close shortly.

The FatWire acquisition is expected to further extend Oracle's technology and applications product offerings for customers seeking to build a unified customer experience across channels.

Web experience management enables organizations to build and deploy a targeted and interactive online presence that optimizes the interactions companies have with their customers.