Cloud Revenue Helps Oracle Beat Q2 Estimates
Growth in Oracle's cloud-computing business, however, still lags behind rivals such as Workday and Salesforce.
Oracle Shares Dip on Another Revenue Miss
"This market has no patience for any misses from tech companies, no matter how minor or how explainable the miss."
Market Sees Clouds Over Oracle’s Cloud Future
The company's shares drop more than 7% after its guidance for fourth-quarter cloud revenue misses analysts' expectations.
Oracle Beats Estimates, Cloud Revenue up 63%
"Our pivot to the cloud is now clearly in full swing," Oracle co-CEO Safra Catz says.
Oracle Earnings Miss Despite Cloud Growth
The software giant reported cloud revenue rose 59% in the first quarter but the higher-margin software licensing business continues to sag.
Oracle CFO Catz Tapped as Co-CEO
Safra Catz will share chief-executive duties with Mark Hurd, but still focus on manufacturing, finance and legal operations.