Oracle Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Oracle Corporation on December 15, 2016. The filing primarily serves to announce the financial results for the fiscal second quarter ended November 30, 2016, and to disclose a new cash dividend declaration.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the press release furnished as Exhibit 99.1, which is referenced but not included in the provided text.
Material Changes and Other Events
- Dividend Declaration: The Board of Directors declared a cash dividend of $0.15 per share of outstanding common stock.
- Payment Details: The dividend is payable on January 26, 2017, to stockholders of record as of the close of business on January 5, 2017.
- Results Announcement: The company issued a press release regarding its fiscal Q2 2016 results, though specific performance changes versus the prior period are not detailed in this document.
Guidance, Outlook, and Risks
The provided text does not contain management commentary, forward-looking guidance, risk factors, contingencies, or unusual items. Such information is expected to be found in the referenced Exhibit 99.1 press release.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated December 15, 2016) for specific revenue, earnings, and cash flow figures for the quarter ended November 30, 2016.
- Verify the record date (January 5, 2017) and payment date (January 26, 2017) for the $0.15 per share dividend.
- Check the press release for any updated fiscal year guidance or commentary on market conditions.