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Oracle issues in-line guidance; shares -6.8% AH

  • Oracle (ORCL) expects FQ1 revenue growth of 4%-6% Y/Y, and EPS of $0.62-$0.66. That's in-line with a consensus of 4.8% growth and $0.64.
  • New software license/cloud revenue is expected to be up 6%-8% Y/Y, an improvement from FQ4 and driven by an expected 25%-35% increase in SaaS/PaaS revenue. Hardware systems revenue is expected to see -1% to +3% growth.
  • CFO Safra Catz noted a $102M forex loss (Venezuela-related) pressured FQ4 EPS by $0.02.
  • FQ4 results, details
Comments (2)
  • omarbradley
    , contributor
    Comments (966) | Send Message
     
    they need a device. simple as that. "remote hosting" is of no profitable use unless it is in the hands of a consumer.
    19 Jun, 05:29 PM Reply Like
  • Patent News
    , contributor
    Comments (1312) | Send Message
     
    suckers! muppets got snookered by analists
    20 Jun, 02:32 AM Reply Like
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