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Revenue numbers were a big miss. Wall street looking at this very badly. Low growth
14 replies (most recent on top)
try making the company great again. I'm not kidding. seriously try.
The company cannot be made great again. There is too much corruption in the management AND too much incompetence. There is no future at Oracle, except in the db area, and that can always become outdated as other companies invest in building their own db.
4.64% down francis..
And yeah wall has been closed since 9/11
On 9/11 the freaking debris closed it. I was there francis
Wall Street vehicle free for 18 years? I'd have to think way back to my years walking wall street almost every day since 1990. After 9/11 they closed a section so that would be 17 years. I worked at Wall and William until the end of 2002 and I don't honestly remember but I'm pretty sure that part of Wall was still open to traffic. Regardless, it seems the point of that post was a joke so relax Francis.
aside from being a jerk, the poster who wrote about relative growth is somewhat on-point. it does matter. and why does everyone revel in O not hitting its numbers? if its not, then everyone at O is responsible in one way or another and does everyone want to look for a new job? try making the company great again. I'm not kidding. seriously try.
(Reuters) - Oracle Corp (ORCL.N) on Monday reported first-quarter revenue that narrowly missed analysts' estimates, suggesting that the business software maker was struggling to make inroads in the highly competitive cloud computing market.
Shares of Oracle fell 4 percent to $47.30 in extended trading as the company's biggest unit, which houses its cloud services business, also reported disappointing sales.
Oracle earnings show another cloud miss, stock falls!
Oracle Corp. shares dropped in the extended session Monday after the enterprise software giant topped Wall Street earnings estimates but fell short on revenue, driven by weaker-than-expected cloud services sales.
I like proving you wrong
down 2.11 at the moment -4.29%
sad, a small mind that can do nothing but insult. seriously, what is wrong with you? what motivates a person to behave so childishly? fear? impotence? does it make you feel powerful to insult random people?
Good one, stupid. Wall street has been vehicle free for 18 years, and yes i get the dumb metaphor. If you care about the stock, the analysis matters.
Down 2% after hours now
Finance 101: if you take a random walk down Wall Street, you will be hit by a cab
Do you r----ds understand that what matters is the expectations and the trend, not whether there was any growth?
Amzn and msft are growing from like 70% to 90%. An investor can chose between them and oracle.
So yeah when the competition is growing so fast, the expectations matter and 4% wont cut it. Also, oracle guided future revenue down- thats super bad. You guys seriosuly need finance 101
People tired of fake cloud numbers.
MH needs a long vacation
9.19billion versus an expected 9.24billion? and a "miss" 7 of the last 13 quarters? maybe the problem is the analysts and their expectations and the markets' hatred of O rather than O's earnings. why does the market hate O so much?
Fake news. Cloud revenue grew to more than 6 billion - Cloud Services and License Support revenues increased 3% year over year to $6.61 billion.