Oracle Archives - CFO

Oracle to Buy Cerner in $28B Health Care Play

Oracle to Buy Cerner in $28B Health Care Play

“Both Microsoft and Oracle, analysts say, see the huge health care market as a path to strengthening their positions in the cloud business.”

By Matthew Heller | December 20, 2021

Oracle to Move HQ From Silicon Valley to Texas

Oracle to Move HQ From Silicon Valley to Texas

The software giant's decision "is another signal that the trend toward more remote working brought on by the pandemic could outlast the health crisis.”

By Matthew Heller | December 14, 2020

Oracle Beats Estimates on Strong Cloud Results

Financial Performance

Oracle Beats Estimates on Strong Cloud Results

Revenue from the Fusion and NetSuite Cloud ERP apps grew 33% and 21%, respectively, in Q2 as the shift to remote work continued.

By Matthew Heller | December 11, 2020

Oracle Shares Slip as Q4 Sales Drop 6%

Oracle Shares Slip as Q4 Sales Drop 6%

The software giant saw a drop-off in deals, particularly in industries most affected by COVID-19 such as hospitality and retail.

By Matthew Heller | June 17, 2020

Oracle Misses on Sales Again Despite ERP Gains

Financial Performance

Oracle Misses on Sales Again Despite ERP Gains

The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.

By Matthew Heller | December 13, 2019

Oracle Reports Sales Miss, Co-CEO Taking Leave

Financial Performance

Oracle Reports Sales Miss, Co-CEO Taking Leave

Mark Hurd says he decided that he needed to spend time focusing on his health.

By Matthew Heller | September 12, 2019

S&P Cuts Oracle Rating on Stock Buyback Worries

Credit & Capital

S&P Cuts Oracle Rating on Stock Buyback Worries

With Oracle's buybacks exceeding free operating cash-flow generation, S&P is concerned the company will be overleveraged.

By Matthew Heller | July 3, 2019

Tesla Adds ‘Big Believer’ Larry Ellison to Board

Risk & Compliance

Tesla Adds ‘Big Believer’ Larry Ellison to Board

Some analysts question whether the Oracle co-founder can bring independent oversight to Tesla given his friendship with Elon Musk.

By Matthew Heller | December 28, 2018

Cloud Revenue Helps Oracle Beat Q2 Estimates

Financial Performance

Cloud Revenue Helps Oracle Beat Q2 Estimates

Growth in Oracle's cloud-computing business, however, still lags behind rivals such as Workday and Salesforce.

By Matthew Heller | December 18, 2018

Cloud ERP: The Time Has Come

Cloud ERP: The Time Has Come

Low up-front costs, hands-off maintenance, and automatic updates make cloud systems deserving of a serious look.

By Yasmin Ghahremani | December 3, 2018

Oracle Shares Dip on Another Revenue Miss

Financial Performance

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."

By Matthew Heller | September 18, 2018

Market Sees Clouds Over Oracle’s Cloud Future

Financial Performance

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.

By Matthew Heller | March 20, 2018

How to Ensure ERP Software Implementations Succeed

How to Ensure ERP Software Implementations Succeed

Five key ways to avoid ERP failures, from a veteran expert witness in lawsuits over botched implementations.

By Eric Kimberling | February 12, 2018

Oracle Buys Australian Software Firm for $1.2B

Oracle Buys Australian Software Firm for $1.2B

The acquisition of Aconex will "significantly advance" Oracle's push to expand its cloud-based software offerings for managing construction projects.

By Matthew Heller | December 19, 2017

MongoDB Prices IPO to Raise $152 Million

MongoDB Prices IPO to Raise $152 Million

The startup is aiming to disrupt the $44 billion database software market by offering a "modern, general purpose" platform.

By Matthew Heller | October 6, 2017