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Oracle's stock posts small gain as cloud powers strong revenue growth - SiliconANGLE

Q2 GAAP Earnings per Share $0.63, Non-GAAP Earnings per Share $1.21Q2 Total Revenue $12.3 billion, up 18% in USD, up 25% in constant currency Q2 C...

Q2 GAAP Earnings per Share $0.63, Non-GAAP Earnings per Share $1.21 Q2 Total Revenue $12.3 billion, up 18% in USD, up 25% in constant currency Q2 Cloud Revenue...

Q2 GAAP Earnings per Share $0.63, Non-GAAP Earnings per Share $1.21 Q2 Total Revenue $12.3 billion, up 18% in USD, up 25% in constant currency Q2 Cloud Revenue...

SAP gets the full Ellison as the Oracle CTO names 100 ERP defectors from his oldest adversary Read later Audio version SAP is more responsible for our leadership position than we are. It was a combative Larry Ellison who had his German nemesis firmly in his sights as he co-hosted the Oracle Q3 post-results analyst call yesterday.  Indeed at some points it was quite like old times for the more battle-scarred enterprise software watchers among us, many of whom might have anticipated just such a ...

Oracle shares are trading near record levels after Q2 results December 18, 2020 Barclays and Morgan Stanley upgraded their price target on Oracle this December Oracle has declared a $0.24/share quarterly dividend Oracle (NYSE: ORCL) shares have advanced from $50 above $65.3 since the beginning of May, and the current price stands around $65. Barclays and Morgan Stanley upgraded their price target on Oracle this December, and the stock price is trading near record levels. Fundamental analysis: T...

Cloud services and licence support growth bolsters Oracle earnings Cloud services and licence support growth bolsters Oracle earnings But cloud licence and on-premise licence revenues fell Larry Ellison (Oracle) Credit: Blair Hanley Frank A revenue surge stemming from Oracle’s cloud services and licence support has helped to bolster the software giant’s financials in a second quarter that saw it weather falls in cloud licence and on-premise licence revenues. The thre...

The tech company forecasts up to 4% growth in Q3 revenue. Oracle rolled out Analytics Service for MySQL database last week. Oracle Corp. (NYSE: ORCL) published its financial results for the fiscal second quarter on Thursday that topped analysts’ estimates for earnings and revenue. The company’s guidance for the future was also better than expected on Thursday. Oracle initially slipped in extended trading on Thursday but regained the loss later on. At £44.82 per share, it is now more than 1...

Strong cloud sales help Oracle beat earnings targets SHARE Database and business software giant Oracle Corp. beat expectations with its second-quarter financial results today thanks to what it said was strong growth in its cloud services offerings. The company reported a profit before certain costs such as stock compensation of $1.06 per share on revenue of $9.8 billion, up 2% from the same period a year ago. That was better than expected, Wall Street having forecast...

Because the balance sheet showed only muted growth while subscription cash starts to flow Share Copy Oracle has posted modest growth for its second quarter, with SaaS-y ERP a notable exception. But founder Larry Ellison says the numbers don’t reflect its bright new cloudy reality. The company won $9.8bn of revenue, up two percent year-on-year. Net income fared better, up six percent to $2.4 billion CEO Safra Catz called out the Fusion and NetSuite Cloud ERP applications for their resp...