The company reported fourth-quarter, non-GAAP earnings of $1.54 per share on revenue of $11.2 billion, an 8% year-over-year increase.
Analysts had expected the company to report earnings of $1.31 per share on revenue of $11.02 billion.
"Our Q4 performance was absolutely outstanding with total revenue beating guidance by nearly $200 million, and non-GAAP earnings per share beating guidance by $0.24," said Oracle CEO, Safra Catz. "Our multi-billion dollar Fusion and NetSuite cloud applications businesses saw dramatic increases in their already rapid revenue growth rates."
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