Tag Archives: orcl

Tibco Might Face Stiffer Competition Over Long Haul

Tibco Software’s (TIBX) business opportunities appear stronger in the near term than over the long haul, as the enterprise software company competes with larger stalwarts Oracle (ORCL) and IBM (IBM), and fast-growing Tableau Software (DATA). That’s the assessment of Steve Koenig, analyst for Wedbush Securities, who sized up Tibco’s progress in a March 11 research report as the company tries to rebound from several execution missteps over the past

Oracle Q3 Earnings Miss Wall Street Estimates

Oracle is back on the hot seat. Following a quarter when the enterprise software giant showed signs of resurgence, late Tuesday the company reported fiscal Q3 earnings and revenue that missed Wall Street estimates. Moreover, Oracle’s (ORCL) growth in cloud subscription and new-software licenses missed estimates, despite what analysts call an improving information technology spending environment. Oracle stock was down 3.5% in after-hours trading,

Oracle Expected To Report Stronger Q3 Revenue Growth

Oracle (ORCL) is expected to show stronger revenue growth, when the business software giant reports its fiscal Q3 earnings after the market close on Tuesday. But analysts caution not to expect overnight miracles. The database leader has struggled to transition to more cloud software, the trend in which companies get their software apps via the Internet cloud as needed. It’s also struggled to boost the stagnant server business it acquired when it