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75% of CFOs Embrace Double Digit Spending Increases
CFOs want to spend more, but access to capital is the challenge, per the CFO Alliance sentiment report.
By
Adam Zaki
| January 26, 2023
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Safra Catz
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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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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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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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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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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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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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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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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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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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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