Oracle Global Leaders Award recognizes Thomson Reuters as ISV of the Year 2023
Prestigious accolade celebrates achievements in offering innovative services to customers in Americas region
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Prestigious accolade celebrates achievements in offering innovative services to customers in Americas region
Your database posture must be top-of-mind to maintain optimal manageability and performance. Rimini Street can help.
Oracle (NYSE: ORCL) recently reported its first quarter results that failed to impress the market. The miss in the revenue performance and outlook sent the stock falling 9% in the after-hours trading session. Oracle's Financials Revenue for the first quarter grew 9% to $12.45 billion, slightly below analyst estimates of $12.47 billion. Net income was $2.4 billion or $0.86 per share. Adjusted EPS was $1.19. The market was looking for an EPS of $1.15. Cloud services and license support revenues grew 13% to $9.5 billion. Cloud license and on-premise license revenues fell 10% to $0.8 billio...
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The new Oracle Database 23c arrives with 300+ features, but it's the new AI and ML features will truly enable enterprises to fully extract the value of generative AI.