Larry Ellison Cloud opens up more opportunities for ERP “No, again, I couldn’t agree with Mark more. Our ability now to service much smaller customers than we could have serviced in the past is because the cloud allows you to … Continued
Oracle’s (ORCL) CEOs Safra Catz and Mark Hurd on Q3 2016 Results Safra Catz SaaS and PaaS revenue 585m “I’m going to start with our SaaS and PaaS business, where we continue to see excellent momentum. Bookings grew 77% this … Continued
Mark Hurd A sample of customer wins in PaaS vs. companies like Workday Now, I’m going to review a bunch of names. I just want you to get a context for sort of the brands we closed in the quarter. … Continued
Currency headwinds ended up being higher than expected “The currency headwinds ended up being higher than consensus estimates would reflect, with 8% to software and cloud revenue as well as the total company revenue, 9% for hardware revenue and $0.09 … Continued
Currency headwind was 6-7% “As you probably remember, I didn’t provide U.S. dollar guidance for Q3, given the unusually high volatility in exchange rates. The currency headwind ended up being 6% for software and cloud revenues as well as total … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Larry Ellison transitions to … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Made changes to reporting to break out cloud revenue “we’ve made some … Continued
A digest of some of the top insights that I’ve gathered from this week’s earnings calls. Full notes can be found here. Revenue growth 6% “For the company, total revenue for the quarter was $9.3 billion, up 6% from last … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. The quotes are generally pieces of information that I find interesting or … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. The quotes are generally pieces of information that I find interesting or … Continued