Seeking Alpha

More on Oracle's FQ1: $3.1B worth of shares repurchased, big reason EPS met forecasts. Software...

More on Oracle's FQ1: $3.1B worth of shares repurchased, big reason EPS met forecasts. Software licenses +6% Y/Y (+7% in FQ4). License update/support revenue +3%. But hardware was ugly again, with product revenue down 24% Y/Y (worse than FQ4's -16%) even as sales of high-end "engineered" systems doubled. Sales/marketing expenses -5%, but R&D +14%. Deferred revenue rose to $8.3B from FQ4's $7B, likely helped by a cloud business approaching a $1B run rate. ORCL -0.6% AH. CC at 5PM ET (webcast). (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|