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Home » Oracle Corp (NYSE:ORCL)Q1 2015 Oracle Corp Earnings Call Transcript

Oracle Corp (NYSE:ORCL)Q1 2015 Oracle Corp Earnings Call Transcript

Edited Transcript of Oracle Corp (NYSE:ORCL)Q1 2015 Oracle Corp Earnings Call Presentation

Company: Oracle Corp (NYSE:ORCL)

Event Name: Q1 2015 Results Earnings Conference Call

Date: September 18, 2014 5:00 PM ET


Welcome to Oracle’s First Quarter Fiscal 2015 Earnings Call. As a reminder, this call is being recorded for replay purposes. I’d like to now turn the call over to Ken Bond, Vice President of Investor Relations.

Ken Bond – Investor Relations

Thank you, Victoria. Good afternoon, everyone and welcome to Oracle’s first quarter fiscal year 2015 earnings conference call. A copy of the press release and financial tables, which include the GAAP to non-GAAP reconciliation and other supplemental financial information can be viewed and downloaded from our Investor Relations website.

On the call today are Executive Chairman and Chief Technology Officer, Larry Ellison; CEO, Safra Catz; and CEO, Mark Hurd. As a reminder, today’s discussion will include forward-looking statements, including predictions, expectations, estimates or other information that might be considered forward-looking. Throughout today’s discussion we will present some important factors relating to our business, which may potentially affect these forward-looking statements. These forward-looking statements are also subject to risks and uncertainties that may cause actual results to differ materially from statements made today. As a result, we caution you against placing undue reliance on these forward-looking statements and we encourage you to review our most recent reports, including our 10-Q and 10-K and any applicable amendments for a complete discussion of these factors and other risks that may affect our future results or the market price of our stock.

And finally we are not obligating ourselves to revise our results or publicly release any revisions of these forward-looking statements in light of new information or future events.

Before taking questions we will begin with a few prepared remarks. And with that, I’d like to turn the call over to Safra.

Safra Catz – Chief Executive Officer

Thanks, Ken. I am going to focus on our non-GAAP results for Q1. I’ll then review guidance for Q2, then turn the call over to Mark and Larry for their comments. Those of you who have followed us for a while know that Q1 is a seasonally smaller quarter which can mean more volatility in our results and that’s what we saw this quarter.

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