All Posts Tagged Tag: ‘Mark Hurd’

Oracle Releases Earnings, Posts 2% Decline In Revenue

Oracle posted its fiscal 2013 Q1 earnings report on Thursday. While profits were up 15%, revenues were down 2% to $8.2 billion, though GAAP new software licenses and cloud software subscriptions were up 5% to $1.6 billion. Non-GAAP new software licenses and cloud software subscriptions revenues were up 6% to $1.6 billion. “Exadata, Exalogic, Exalytics and our other engineered systems …

Read More