Oracle's (ORCL) CEO Mark Hurd on Q2 2017 Results - Earnings Call Transcript

Dec. 15, 2016 9:30 PM ETOracle Corporation (ORCL)2 Comments
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Oracle Corporation (NYSE:ORCL) Q2 2017 Results Earnings Conference Call December 15, 2016 5:00 PM ET


Ken Bond - SVP

Safra Catz - CEO

Mark Hurd - CEO

Larry Ellison - Chairman and CTO


John DiFucci - Jefferies

Mark Moerdler - Sanford Bernstein

Keith Weiss - Morgan Stanley

Kash Rangan - Bank of America Merrill Lynch

Ross MacMillan - RBC Capital Market

Sarah Hindland - Macquarie

Michael Turits - Raymond James

Raimo Lenschow - Barclays


Welcome to Oracle’s Second Quarter 2017 Earnings Conference Call.

Now, I’d like to turn today’s call over to Ken Bond, Senior Vice President. Please go ahead, sir.

Ken Bond

Thank you, Holly. Good afternoon, everyone, and welcome to Oracle’s second quarter fiscal year 2017 earnings conference call. A copy of the press release and financial tables, which include a GAAP to non-GAAP reconciliation and other supplemental financial information can be viewed and downloaded from our Investor Relations website. On the call today are Chairman and Chief Technology Officer, Larry Ellison; and CEOs, Safra Catz and Mark Hurd.

As a reminder, today’s discussion will include forward-looking statements, including predictions, expectations, estimates or other information that might be considered forward-looking. Throughout today’s discussion, we will present some important factors relating to our business, which may potentially affect these forward-looking statements. And these forward-looking statements are also subject to risks and uncertainties that may cause actual results to differ materially from statements being made today.

As a result, we caution you against placing undue reliance on these forward-looking statements and we encourage you to review our most recent reports, including our 10-K and 10-Q and any applicable amendments for a complete discussion of these factors and other risks that may affect our future results or the market price of our stock. Finally, we are not obligating ourselves to revise our

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