Drexel Hamilton Reiterates Buy on Oracle (ORCL) Following 2Q Report
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Q2 SAAS AND PAAS CLOUD REVENUES UP 81%, AND UP 89% IN NON-GAAP CONSTANT CURRENCY
December 15, 2016 4:00 PM ESTREDWOOD SHORES, Calif., Dec. 15, 2016 /PRNewswire/ --Â Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q2 results. Total Revenues were $9.0 billion, flat in U.S. dollars and up 1% in constant currency. Non-GAAP Total Revenues were $9.1 billion, up 1% in U.S. dollars and up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $878 million, up 81% in U.S. dollars and up 83% in constant currency. Non-GAAP SaaS and PaaS revenues were $912 million, up 87% in U.S. dollars and up 89% in constant currency. Total Cloud Revenues, including... More
Dave Habiger, Aidan Foley Join Legend Leadership Team as Chairman, CEO
December 14, 2016 9:00 AM ESTLeading Visual Effects, Virtual Reality and 3D Conversion Firm Also Hires Ellie Trope as VP of Legal Affairs
HOLLYWOOD, Calif.--(BUSINESS WIRE)-- Media industry veteran Dave Habiger and technology and entertainment executive Aidan Foley will join Legend as Chairman and Chief Executive Officer, respectively, the company announced today. In addition, Legend has hired Ellie Trope as Vice President of Legal Affairs.
Dave Habiger brings a wealth of executive-level management experience to his new role as Chairman. He has an established history of being a visionary for future formats, consumers digital media... More
