Drexel Hamilton Remains Bullish on Oracle (ORCL) Following 2Q Earnings Report
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CFOs Need to Rethink How They Measure the Health of Their Companies, New Research Finds
December 17, 2015 8:00 AM ESTREDWOOD SHORES, CA -- (Marketwired) -- 12/17/15 -- Oracle (NYSE: ORCL) -- The Digital Finance Imperative, new global research from Chartered Global Management Accountant (CGMA), found that CFOs need to rethink how they measure the health of their corporations in the digital age. According to the study, while the majority of a corporation's value derives from intangible assets such as customer sentiment and brand, few finance professionals surveyed... More
Oracle Names Renee James to the Board of Directors
December 16, 2015 4:48 PM ESTREDWOOD SHORES, CA -- (Marketwired) -- 12/16/15 -- The Oracle Board of Directors today announced that it has unanimously elected Rene James to the company's Board of Directors. The election is effective as of December 16, 2015 and increases the size of the Board to 13 directors.
"We are pleased to have Rene join our Board as an independent director," said Larry Ellison, Chairman of the Board of Directors and Chief Technology Officer. "She will bring a unique perspective and tremendous depth of experience and knowledge of the technology industry to our Board." Bruce Chizen, independent Chair of the Nomination and... More
Oracle Reports GAAP EPS of $0.51; Non-GAAP EPS of $0.63
December 16, 2015 4:29 PM ESTREDWOOD SHORES, CA -- (Marketwired) -- 12/16/15 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q2 results. The strengthening of the U.S. dollar compared to foreign currencies had a significant impact on results in the quarter. Total Revenues were $9.0 billion, down 6% in U.S. dollars and unchanged in constant currency. Cloud plus On-Premise Software Revenues were $7.0 billion, down 4% in U.S. dollars and up 2% in constant currency. Total Cloud Revenues were $649 million, up 26% in U.S. dollars and up 31% in constant currency. Cloud software as a service (SaaS) and platform as a service... More
