Oracle gives cautious outlook for new software revenue
SAN FRANCISCO (Reuters) - Oracle Corp Chief Financial Officer Safra Catz said on Wednesday she expects fiscal second-quarter new software and subscription revenue to decline as much as 4 percent or rise as much as 6 percent.
She and Oracle President Mark Hurd told analysts on a conference call that software maker's quarterly outlook was cautious due to lackluster enterprise IT spending in the United States and Europe.
(Reporting by Noel Randewich; Editing by Carol Bishopric)
- Pope attacks mega-salaries and wealth gap in peace message
- Atheists face death in 13 countries, global discrimination: study
- Probation for drunk Texas teen driver who killed four sparks backlash
- South Africa admits mistake over 'schizophrenic' Mandela signer |
- Air strike kills 15 civilians in Yemen by mistake: officials
Thousands line up to say goodbye to Nelson Mandela, whose body is lying in state in Pretoria. Slideshow