Oracle took a step back in what is usually a strong fiscal Q4, as EPS and sales missed views amid flat software license revenue and decelerating hardware growth. The business software giant’s results late Thursday sent its stock falling more than 5% after hours. Oracle stock is up 11% for the year. The company’s EPS forecast for the current quarter was in line, but revenue was light. Oracle’s (ORCL) Q4 stumble included flat year-over-year growth
Oracle (ORCL) could leverage the strength of its seasonally strong fiscal fourth quarter when it posts its earnings after the market close Thursday. Analysts expect the database leader to post at least an in-line quarter, after missing estimates in the prior period. Oracle is scrambling to compete with several smaller, much-faster-growing rivals such as Workday (WDAY) and Tableau Software (DATA) in offering cloud-based HR and data analytics
Salesforce.com (CRM) might be able to deliver better-than-expected top-line results when it reports its fiscal Q1 earnings after the market close on Tuesday. The enterprise software company has become the No. 1 provider customer relationship management software, which helps companies better manage their work with customers and partners. Salesforce jumped ahead of rivals SAP (SAP), Oracle (ORCL) and others by being the first to deliver its