Oracle Corporation (NYSE:ORCL) Q1 2025 Earnings Conference Call September 9, 2024 5:00 PM ET

Company Participants

Ken Bond - SVP, IR
Safra Catz - CEO
Lawrence Ellison - Chairman and CTO

Conference Call Participants

John DiFucci - Guggenheim Securities
Mark Murphy - JPMorgan
Raimo Lenschow - Barclays
Mark Moerdler - Bernstein
Derrick Wood - TD Cowen
Brad Zelnick - Deutsche Bank

Operator

Hello, and welcome to the Oracle Corporation Q1 Fiscal Year 2025 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Ken Bond, Head of Investor Relations. You may begin.

Ken Bond

Thank you, Sarah, and good afternoon, everyone, and welcome to Oracle's First Quarter Fiscal Year 2025 Earnings Conference Call. A copy of the press release and financial tables, which includes a GAAP to non-GAAP reconciliation and other supplemental financial information can be viewed and downloaded from our Investor Relations website. Additionally, a list of many customers who purchased Oracle Cloud Services or went live on Oracle Cloud recently will be available from the Investor Relations website. On the call today are Chairman and Chief Technology Officer, Larry Ellison; and Chief Executive Officer, Safra Catz.

As a reminder, today's discussion will include forward-looking statements, including predictions, expectations, estimates or other information that might be considered forward-looking. Throughout today's discussion, we will present some important factors relating to our business, which may potentially affect these forward-looking statements. These forward-looking statements are also subject to risks and uncertainties that may cause actual results to differ materially from statements being made today. As a result, we caution you against placing undue reliance on these forward-looking statements, and we encourage you to review our most recent reports, including our 10-K and our 10-Q and any applicable amendments for a complete discussion of these factors and other risks that may affect our future results or the marketplace of our stock. And finally, we are not obligating ourselves to revise our results or these forward-looking statements in light of new information or future events.

Before taking questions, we'll begin with a few prepared remarks. And with that, I'd like to turn the call over to Safra.

Safra Catz

Thanks, Ken, and good afternoon, everyone. Before I go to our Q1 numbers, I thought I'd take only a moment to review some of the things that you'll be hearing about over the next couple of days from Oracle. We are at Cloud World in Las Vegas, and Cloud World is where we come together with our customers and partners to share experiences and showcase our latest products and services. Our customers are our best folks people when they share how our technologies transform their enterprises. The innovations from our labs and research centers in combination with feedback from our customers have helped us build superior products and services.