New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2013
17:45 EDTORCLOracle says "not pleased with Q3 revenue growth," cites sales execution
On Oracle's (ORCL) Q3 earnings conference call, management said, "While our overall business remains very healthy and we saw excellent pipeline growth, we're not at all pleased with our revenue growth this quarter. Since we've been adding literally thousands of new sales reps around the world, the problem was largely sales execution, especially with the new reps as they ran out of runway in Q3." They noted that the company's product portfolio is as strong as ever, and that they are winning a fair share of deals. They are encouraged by the tremendous pipeline growth, but said they have work to do on training new reps. Management expects a big turnaround next year for the hardware business. They see a big growth year for the entire hardware business, SPARC line, and all of the engineered systems. The company still believes there is tremendous leverage in its business model and feels good about its strategy and product line.
News For ORCL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 27, 2015
10:06 EDTORCLCiti sees Workday guidance confusion as opportunity to buy
Subscribe for More Information
August 26, 2015
06:44 EDTORCLWorkday valuation contingent on competitors in cloud market, WSJ reports
Subscribe for More Information
August 25, 2015
19:16 EDTORCLTV service Hulu to feature programmatic ads powered by Facebook, Oracle
Subscribe for More Information
07:24 EDTORCLRentrak weakness a buying opportunity, says Brean Capital
Subscribe for More Information
August 20, 2015
11:49 EDTORCLOptions with increasing implied volatility
Options with increasing implied volatility: SRPT ACHN VIAV ZG RAD DIS ORCL SPY XLF OEX
08:32 EDTORCLOracle agrees to acquire Maxymiser
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use