Seeking Alpha

More on Oracle: Another $3B in buybacks lifted EPS. New software license/cloud subscription...

More on Oracle: Another $3B in buybacks lifted EPS. New software license/cloud subscription sales +17% Y/Y, a nice improvement from FQ1's +6%. License update/product support +7% (+3% prior). Hardware product sales still ugly at -23% (-24% prior). High-margin services revenue -5% (-6% prior). Opex -1%, below revenue growth of 3%. Headcount up by 1.3K to 117.2K. Americas sales +6% and Asia-Pac +8%, EMEA a weak spot, -2%. ORCL +1.7% AH. CC at 5PM ET (webcast), expect guidance and the usual Larry Ellison theatrics. (PR)
From other sites
Comments (1)
  • ray108
    , contributor
    Comments (11) | Send Message
     
    Mgt said they repurchased 350M shares during past twelve months, yet the number of shares o/s only decreased by half that much. And perhaps the rest is held for stock compensation awards. How else can you increase your sales force by 3,000+ "without increasing your sales costs"? It's because this mgt's personal definition of income ("non-GAAP") doesn't include the real expense of stock compensation.
    19 Dec 2012, 08:16 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs