Safra Catz

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
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Oracle Shares Slip as Q4 Sales Drop 6%
The Cloud

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
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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
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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
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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
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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
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Oracle Shares Slip on Cloud Revenue Outlook
Financial Performance

Oracle Shares Slip on Cloud Revenue Outlook

The company expects cloud growth of 39% to 43% in Q2, disappointing investors who are watching its efforts to catch up with Amazon and Microsoft.
By Matthew Heller | September 15, 2017
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Oracle Beats Q3 Estimates, Shows Cloud Growth
The Cloud

Oracle Beats Q3 Estimates, Shows Cloud Growth

Oracle’s total cloud revenue in the quarter ended Feb. 29 rose 40% to $735 million.
By Matthew Heller | March 16, 2016
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Oracle CFO Catz Tapped as Co-CEO
Technology

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.
By Matthew Heller | September 19, 2014
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Is Oracle Pay Move about Show or Dough?
Human Capital & Careers

Is Oracle Pay Move about Show or Dough?

The company’s top three executives are getting plenty of ink for refusing bonuses that were due them. But the eschewed amounts are so small, the motivation for the decision is murky.
By David McCann | September 24, 2013
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