Nuthin’ more to add
https://seekingalpha.com/article/4293049-oracles-segment-revenue-trends-reveal-weakening-growth-core-cloud-revenues
9 replies (most recent on top)
b—s— ones that are not reflected in any growth numbers anyone with eyes can see.
@11b7GrRR-1znu what customers?
Sure, @11b7GrRR-1ssr. But he has been naming great references and new customers for several quarters on a row.
I don't think the MH is doing any pitching these days.
And SC, LE & MH pitching that Cloud and Applications will save the company.....
Disgrace.
Sinking ship, but that’s nothing new, many of us on this Board have been saying that since 2016
poor babies. what no more DOA contracts to book? hahaha clowns
But as far as any strong cloud revenue growth is concerned, the company's prospects don't look very promising at this point. Moreover, investing at this price exposes you to increased risk because it could take years for strong and consistent revenue growth to feature in Oracle's earnings reports once again. In the meantime, the aggressive share buybacks will probably be the only thing keeping EPS growth on the positive side.
It's all over with....
If you look at the Cloud and License Revenues by Ecosystem section in the table above, you can clearly see that year-over-year growth rates have been declining in Applications revenues over the eight quarters shown. The numbers from Q1 2018 through Q4 2019 are: 17%, 15%, 9%, 5%, 6%, 5%, 5%, 2%; and for Q1 2020, it was 2% again.
Infrastructure revenues fared even worse, ending the last fiscal year at 0% growth.
And these are the growing parts of Oracle's business!
So sad.....