Tag: Mark Hurd
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Oracle Announce Q1 FY17 Financial Results
Q1 FY17 Non-GAAP SaaS and PaaS Revenues grew 82% in Constant Currency Redwood Shores, Calif.—Sep 15, 2016 – Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q1 results. Total Revenues were $8.6 billion, up 2% in U.S. dollars and up 3% in constant currency. Cloud plus On-Premise Software Revenues were $6.8 billion, up 5% in Read Article »
Tags: Earnings , Financial Results , FY17 , Mark Hurd , Oracle , Oracle OpenWorld , Revenue , SaaS , Safra Catz -
Oracle Buys NetSuite
Oracle (NYSE: ORCL) announced that it has entered into a definitive agreement to acquire NetSuite (NYSE: N), the very first cloud company. The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion. “Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever,” said Mark Hurd, Chief Executive Read Article »
Tags: Acquisitions , cloud HCM , Evan Goldberg , HCM , HRIS , Larry Ellison , Mark Hurd , NetSuite , Oracle , SaaS , Safra Catz , Talent Management , Zach Nelson -
Oracle Cloud SaaS And PAAS Revenues Up 34% In U.S. Dollars And Up 38% In Constant Currency
Cloud plus On-Premise Software Revenues Down 2% in U.S. Dollars and Up 6% in Constant Currency Redwood Shores, Calif. -September 15, 2015: Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q1 results. The strengthening of the U.S. dollar compared to foreign currencies had a significant impact on results in the quarter. Total Revenues were $8.4 Read Article »
Tags: Earnings , HCM , HRIS , Larry Ellison , Mark Hurd , Oracle , PaaS , Q1 , Q1 Results , SaaS , Safra Catz