Oracle Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report (Form 8-K) was filed by Oracle Corporation on March 9, 2023. The filing primarily serves to announce the financial results for the fiscal third quarter ended February 28, 2023, and to declare a cash dividend.
Key Financial Metrics
The filing text references a press release (Exhibit 99.1) containing detailed financial results but does not explicitly state specific values for revenue, profit, cash flow, margins, debt, or liquidity within the body of this 8-K document. Therefore, the filing text does not provide a clear value for these metrics.
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 April 24, 2023, to stockholders of record as of the close of business on April 11, 2023.
- Results Announcement: Financial results for the quarter ended February 28, 2023, were announced via a press release attached as Exhibit 99.1.
Guidance, Outlook, and Risks
The provided text does not contain specific management commentary, forward-looking guidance, risk factors, or contingencies. These details are contained within the referenced press release (Exhibit 99.1) which is not included in the input text.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q3 2023 revenue, earnings per share, and cloud growth metrics.
- Verify the record date (April 11, 2023) and payment date (April 24, 2023) for the $0.40 dividend.
- Check the full press release for any updated fiscal year guidance or commentary on cloud infrastructure demand.