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Oracle Corporation Message Board

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  • hageneriksson hageneriksson Dec 18, 2012 4:39 PM Flag

    the company earned 53 cents a share. Accounting magic once again gets .64?

    of the underlying business. It's a big difference if ORCL earnings are higher because of better software license sales or just because of currency tailwinds. On the other hand it doesn't mean anything for the ongoing business if they do a one time write-off of some goodwill (e.g. the SUN acquisition). So in most cases non-Gaap is the better way to look at things. For the rest the GAAP numbers are always there, too.

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