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Oracle said in a news release that it earned an adjusted $1.47 per share on sales of $14.06 billion for the November-ended quarter. Analysts polled by FactSet projected the Austin, Texas-based ...
Shares of Oracle (ORCL) slid in morning trading after the software giant reported quarterly sales that underwhelmed investors. Revenue rose 9% to $12.45 billion, in line with analyst estimates.
Oracle’s fiscal 2024 first quarter revenue rose 9% year-over-year to $12.5 billion, below estimates, while adjusted earnings per share (EPS) of $1.19 exceeded forecasts. Revenue for the company ...
Oracle Corp. ORCL 3.19% sales topped expectations in the latest quarter, as its cloud businesses and integration of Cerner Corp. lifted results despite concerns about a slowdown among technology ...
Oracle executives say the company's cloud computing business is growing like gangbusters, but some partners told CRN this week that they don't think Oracle's cloud sales figures tell the real story.
Although high-pressure tactics are common in the chaotic world of corporate software sales, Oracle has always stood out. A look into how the database giant sells its software, and itself.
Oracle reported that total software revenue was up 24 percent to $3.12 billion year over year. Oracle's database and middleware license sales increased by 16 percent over fiscal fourth-quarter ...
And Oracle intends to hire 200 new sales representatives, Phillips said. "We're going to have the best-paid reps in the industry." ...
Oracle increased its new license revenue--a key growth metric--by 7 percent in the quarter, to $563 million, led by strong sales of the latest version of its database software, called 10g.
Oracle Corp. expects to generate about $65 billion in annual revenue by fiscal year 2026, an outlook executives first provided a year ago, in a lukewarm message to investors disappointed by the ...
For the current fiscal quarter, Oracle Chief Executive Officer Safra Catz forecast profit before certain costs of 56 cents to 59 cents a share in constant currency, and sales growth of 5 to 8 ...
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