- Oracle Financial’s net income for Q1 2024 reached 6.17 billion rupees, marking a 23% increase year-over-year (y/y).
- The company’s revenue for the same period was 17.4 billion rupees, reflecting a 19% growth y/y.
- Total costs for Q1 2024 were reported at 9.17 billion rupees, a rise of 7.1% y/y.
- Other income experienced a significant drop, amounting to 480 million rupees, down by 52% y/y.
- Analyst ratings indicate a strong position with 1 buy, 0 holds, and 0 sells.
A look at Oracle Financial Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Oracle Financial Services Software Ltd. is set to maintain a strong long-term outlook, according to the Smartkarma Smart Scores. With top scores in Dividend and Resilience, investors can expect stable returns and a company that can weather economic storms. While the Value score is moderate and Growth score is fair, the overall positive outlook is bolstered by solid Momentum. Oracle Financial Services is a global provider of information technology solutions to the financial services industry, specializing in transaction processing, accounting software, and business intelligence tools.
Investors eyeing Oracle Financial Services can take comfort in the company’s high Dividend and Resilience scores, reflecting a commitment to rewarding shareholders and a robust ability to withstand market volatility. Although the Value and Growth scores are not as high, the strong Momentum score indicates positive market trends. Oracle Financial Services, a key player in delivering financial services online, remains well-positioned to navigate industry changes and deliver sustainable long-term value to investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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