Oracle Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated March 24, 2011, reports on Oracle Corporation's fiscal third quarter ended February 28, 2011. The filing serves to disseminate the press release containing financial results and to announce a new cash dividend declaration by the Board of Directors.
Key Financial Metrics
The filing text does not provide specific 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 Increase: The Board of Directors declared a cash dividend of $0.06 per share of outstanding common stock.
- Comparison: This represents an increase of $0.01 per share over the prior dividend.
- Payment Schedule: The dividend is payable on May 4, 2011, to stockholders of record as of the close of business on April 13, 2011.
Guidance, Outlook, and Risks
The provided filing 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 press release (Exhibit 99.1).
Investor Verification Checklist
- Verify the full financial results (revenue, earnings, margins) in the March 24, 2011 press release (Exhibit 99.1).
- Confirm the record date of April 13, 2011, for dividend eligibility.
- Review the press release for any updated fiscal guidance or strategic commentary accompanying the Q3 results.