Oracle’s Numbers

18. October 2017.

Oracle will announce its Q1 revenue and profit numbers after market close on Wednesday. There’s more than a little excitement about what might be revealed, specifically if the company can continue its rise, thanks to its cloud products. The anticipated answer is yes, for a number of reasons, but there’s also potential for a surprise. First the surprise. The company so far has been posting great numbers for its cloud products, including SaaS, PaaS and IaaS, but it has been careful to note that the improvement was coming from net new business.

Original Source

We will be happy to hear your thoughts

Leave a reply

Register New Account
Login to
Reset Password