Oracle (ORCL) Declares $0.12 Quarterly Dividend; 1.2% Yield
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September 18, 2014 4:03 PM EDT
Oracle Corp. (NYSE: ORCL) reported Q1 EPS of $0.62, $0.02 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $8.6 billion versus the consensus estimate of $8.78 billion.
We are increasing our cloud services growth rate while simultaneously delivering record levels of cash flow," said Oracle CEO, Safra Catz. "In Q1, our overall cloud services business grew more than 30% to $475 million in revenue. At the same... More
September 18, 2014 4:00 PM EDT
Oracle (NYSE: ORCL) announced that it has elected Larry Ellison to the position of Executive Chairman of Oracle's Board and appointed him the company's Chief Technology Officer. Jeff Henley, who has served as Oracle's Chairman for the last 10 years, was appointed Oracle's Vice Chairman of the Board.
The Oracle Board also promoted... More
September 18, 2014 3:40 PM EDT
Oracle (NYSE: ORCL) is trading positive Thursday heading into the company's Q115 report.
Analysts are looking for Oracle to post qQ1 EPS of $0.64 with revenue of $8.78 billion, from EPS of $0.59 and rvs of $8.4 billion reported in the same period... More
