Citi Downgrades Oracle (ORCL) to Neutral
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Oracle (ORCL) Buy Rating Maintained at Goldman Sachs; Analyst Comments on Q4
June 20, 2014 9:17 AM EDTGoldman Sachs maintained a Buy rating on Oracle (NYSE: ORCL) with a price target of $48.00. Comments follow Q4 results.
"The shortfall in total revenue was due to lower than expected sales in its License and Cloud segment where collectively it posted growth of 2% yoy vs consensus of +5%. Specifically, Cloud SaaS and PaaS revenue was in line with our forecast while... More
Nomura Maintains Bullish Stance on Oracle (ORCL) Post Q4; 'It's Not About the Quarter'
June 20, 2014 9:09 AM EDTNomura Securities analyst Rick Sherlund reiterated a Buy rating and $46 price target on Oracle (NYSE: ORCL) following Q4 results, saying buy on weakness as "it's not about the quarter."
Sherlund said, "Oracle had a soft Q4 with software license revenues flat... More
UPDATE: Oracle Corp. (ORCL) Sees Q1 EPS of $0.62-$0.66 vs Est. $0.64
June 19, 2014 5:17 PM EDT(Updated - June 19, 2014 5:21 PM EDT)
Oracle Corp. (NYSE: ORCL) Sees Q1 EPS of $0.62-$0.66 vs estimate of $0.64. It sees non-GAAP revenue up 4%-6% vs estimate up 5%. It sees hardware system revenue -1% to +3%.
... More
Oracle Corp (ORCL) Misses Q4 EPS by 3c
June 19, 2014 4:02 PM EDT(Updated - June 19, 2014 4:13 PM EDT)
Oracle Corp (NYSE: ORCL) reported Q4 EPS of $0.92, $0.03 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $11.33 billion versus the consensus estimate of $11.48 billion.
Software and Cloud revenues were up 4% to $8.9 billion. GAAP Cloud software-as-a-service (SaaS) and platform-as-a-service (PaaS) revenues were up 25% to $322 million, while non-GAAP SaaS and PaaS revenues were up 23% to $327 million. In addition, Cloud infrastructure-as-a-service (IaaS) revenues were up 13% to $128 million. New software licenses revenues were... More

