Oracle (ORCL) PT Raised to $48 at UBS

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Go back to Oracle (ORCL) PT Raised to $48 at UBS

Theo & Philo Sweetens Business Operations With NetSuite Cloud ERP

March 16, 2017 9:00 AM EDT

SAN MATEO, Calif. and MAKATI CITY, Philippines, March 16, 2017 /PRNewswire/ -- Oracle NetSuite Global Business Unit, one of the industry's leading providers of cloud financials / ERP and omnichannel commerce software suites and a wholly-owned subsidiary of Oracle, today announced that Theo & Philo, a bean-to-bar maker of single-origin Philippine artisanal chocolate, replaced QuickBooks and numerous Excel spreadsheets with NetSuite to gain scalability and... More

Q3 FY17 GAAP EPS UP 6% TO $0.53 and NON-GAAP EPS UP 7% TO $0.69

March 15, 2017 4:00 PM EDT

REDWOOD SHORES, Calif., March 15, 2017 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q3 results. Total Revenues were $9.2 billion, up 2% in U.S. dollars and up 3% in constant currency. Non-GAAP Total Revenues were $9.3 billion, up 3% in U.S. dollars and up 4% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $1.0 billion, up 73% in U.S. dollars and up 74% in constant currency. Non-GAAP SaaS and PaaS revenues were $1.1 billion, up 85% in U.S. dollars and up 86% in constant currency. Total Cloud Revenues, including... More