UBS Reiterates Buy on Oracle (ORCL) Following 4Q Earnings Report
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Q4 FY16 SaaS and PaaS Revenues Were Up 66%, and Up 68% in Constant Currency
June 16, 2016 4:00 PM EDTREDWOOD SHORES, CA -- (Marketwired) -- 06/16/16 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q4 results. Total Q4 Revenues were $10.6 billion, down 1% in U.S. dollars and flat in constant currency. Cloud plus On-Premise Software Revenues were $8.4 billion, flat in U.S. dollars and up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $690 million, up 66% in U.S. dollars and up 68% in constant currency. Total Cloud revenues, including infrastructure as a service (IaaS), were $859 million, up 49% in U.S. dollars and up 51% in constant currency.... More
Oracle and Snapchat Measure Impact of Snap Ads on Sales in Stores
June 15, 2016 1:00 PM EDTREDWOOD SHORES, CA -- (Marketwired) -- 06/15/16 -- Oracle and Snapchat today announced a partnership to measure the impact of digital advertising in the physical world. By teaming together, Oracle Data Cloud and Snapchat measure incremental store sales resulting from marketing campaigns run on Snapchat. By analyzing the impact of campaigns on in-store sales, Oracle Data Cloud will help consumer packaged goods (CPG) advertisers quantify and improve their ongoing marketing efforts on Snapchat.
Oracle Data Cloud also released new research analyzing... More
