Oracle Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Oracle Corporation on June 11, 2024. The filing primarily serves to announce the financial results for the fiscal fourth quarter ended May 31, 2024, and to declare a cash dividend.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing the detailed financial results for the quarter ended May 31, 2024. However, the body of this 8-K does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these figures.
Material Changes and Corporate Actions
- Dividend Declaration: The Board of Directors declared a cash dividend of $0.40 per share of outstanding common stock.
- Payment Details: The dividend is payable on July 25, 2024, to stockholders of record as of the close of business on July 11, 2024.
Guidance, Outlook, and Risks
The filing text does not contain specific management commentary, forward-looking guidance, risk factors, or details on contingencies and unusual items. These elements are contained within the referenced press release (Exhibit 99.1).
Key Facts for Investor Verification
- Verify the specific revenue and earnings per share figures in the June 11, 2024 press release (Exhibit 99.1).
- Confirm the record date of July 11, 2024, to determine eligibility for the $0.40 per share dividend.
- Review the press release for any updated fiscal year guidance or commentary on cloud infrastructure growth.