Oracle has reported an increase of 13% in generally accepted accounting principles (GAAP) total revenues to $10.8bn for the fourth quarter fiscal 2011, compared to the same quarter previous year.
According to the company, the non-GAAP revenues were up 12% to $10.8bn.
Both GAAP and non-GAAP new software license revenues were up 19% to $3.7bn, while there was 15% increase in GAAP and non-GAAP software license updates and product support revenues to $4bn.
GAAP operating income was up 32% to $4.4bn, and GAAP operating margin was 40%, while non-GAAP operating income was up 19% to $5.2bn, and non-GAAP operating margin was 48%.
For the quarter, an increase of 36% was reported in GAAP net income to $3.2b, while 27% was reported in non-GAAP net income to $3.9bn.
For fiscal year 2011, GAAP total revenues were up 33% to $35.6bn, while non-GAAP total revenues were up 33% to $35.9bn.
GAAP operating income for the year was up 33% to $12bn, while a 34% increase in GAAP operating margin was reported.
The company has also reported $15.9bn non-GAAP operating income for the year, up 27% from the previous year, while it saw a 44% increase in non-GAAP operating margin.
For the full FY2011, GAAP net income was up 39% to $8.5bn, while non-GAAP net income was up 34% to $11.4bn, according to Oracle.
Oracle President and CFO Safra Catz said this strong organic growth combined with continuously improving operational efficiencies enabled us to deliver a 48% operating margin in the quarter.
Oracle president Mark Hurd said, "In addition to record setting software sales, our Exadata and Exalogic systems also made a strong contribution to our growth in Q4."
Oracle CEO Larry Ellison said, "In FY11 Oracle’s database business experienced its fastest growth in a decade."
