Oracle: Weak Hardware, New License Sales Dim Earnings As Management Changes Loom
Trefis • Fri, Sep. 19
- Oracle's quarterly earnings per share stood at $0.62, at the lower end of its quarterly guidance and lower than analyst estimates of $0.64.
- Oracle's cloud sales grew 31% to reach $475 million, compared to $363 million in Q1FY14.
- Fiscal first quarter sales for new licenses stood at $1.37 billion, 2% lower than its fiscal Q1 2014 sales of $1.4 billion.