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Oracle Corp (ORCL.N)

ORCL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Oracle says in Q1 of 2018, management supplemented 2017 restructuring plan to reflect additional actions that co expects to take‍​
Monday, 18 Sep 2017 05:52pm EDT 

Sept 19 (Reuters) - Oracle Corp :Oracle Corp - in Q1 of fiscal 2018, management supplemented 2017 restructuring plan to reflect additional actions that co expects to take‍​.Oracle Corp says recorded $124 million of restructuring expenses related to 2017 restructuring plan in first three months of 2018 - SEC filing.Oracle Corp says expects to incur majority of estimated remaining $475 million expenses under 2017 restructuring plan through 2018-end.  Full Article

Oracle Corp reports Q1 GAAP earnings per share $0.52
Thursday, 14 Sep 2017 04:01pm EDT 

Sept 15 (Reuters) - Oracle Corp :Q1 fy18 GAAP eps up 19 pct to $0.52 and non-GAAP eps up 12 pct to $0.62.Q1 GAAP earnings per share $0.52.Q1 earnings per share view $0.60 - Thomson Reuters I/B/E/S.Q1 non-GAAP earnings per share $0.62.Q1 revenue $9.2 billion versus I/B/E/S view $9.03 billion.Qtrly ‍total revenues were up 7 pct from prior year to $9.2 billion​.Oracle Corp qtrly ‍cloud platform as a service (paas) plus infrastructure as a service (iaas) revenues were up 28 pct to $400 million​.Oracle Corp - qtrly ‍cloud software as a service (saas) revenues were up 62 pct to $1.1 billion​.Oracle Corp - qtrly ‍cloud platform as a service (paas) plus infrastructure as a service (iaas) revenues were up 28 pct to $400 million​.Oracle Corp qtrly hardware revenue $‍943​ million versus $996 million.Oracle Corp - qtrly ‍total cloud revenues were up 51 pct to $1.5 billion​.Oracle Corp - qtrly ‍non-GAAP operating margin was 41 pct​.Oracle Corp - ‍"in a couple of weeks, we will announce world's first fully autonomous database cloud service"​.Oracle Corp - ‍board of directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock.​.  Full Article

Oracle announces Oracle banking payments offering
Tuesday, 8 Aug 2017 09:00am EDT 

Aug 8 (Reuters) - Oracle Corp :Oracle announces oracle banking payments offering.Announced worldwide release of its oracle banking payments solution​.  Full Article

TGI Fridays to implement bar tab from Mastercard and Oracle
Wednesday, 19 Jul 2017 06:00am EDT 

July 19 (Reuters) - Oracle Corp ::Says ‍TGI Fridays, Oracle And Mastercard announced launch of bar tab at their Leicester square location​.Oracle - ‍after today's initial debut, TGI Fridays plans to deploy app to 80 additional locations in UK by end of 2017​.  Full Article

Bank of America selects Oracle Cloud for ERP and Financials
Monday, 26 Jun 2017 11:30am EDT 

June 26 (Reuters) - Oracle Corp::Bank of America selected company's cloud-based ERP and financial applications for its international general ledger and its broker-dealer systems.  Full Article

Oracle inks new cloud deal with Bank of America - CNBC
Monday, 26 Jun 2017 11:21am EDT 

June 26 (Reuters) - :Oracle inks new cloud deal with Bank of America - CNBC.  Full Article

Oracle reports Q4 earnings per share $0.76
Wednesday, 21 Jun 2017 04:00pm EDT 

June 21 (Reuters) - Oracle Corp -:Q4 FY17 gaap eps up 15% to $0.76 and non-gaap eps up 10% to $0.89.Q4 gaap earnings per share $0.76.Q4 revenue $10.9 billion versus I/B/E/S view $10.45 billion.Q4 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q4 non-gaap earnings per share $0.89.Qtrly operating margin was 37%.Oracle Corp qtrly cloud paas (platform as a service) plus iaas (infrastructure as a service) revenues were up 40% to $397 million.Oracle Corp says comparing q4 2017 to q4 last year, saas (software as a service) cloud revenues were up 67% to $964 million.Oracle Corp qtrly non-gaap operating margin was 46%.Oracle Corp qtrly hardware revenue $1,114 million versus $1,283 million.Sets quarterly cash dividend of $0.19per share.Oracle Corp - expect earnings per share growth to accelerate in fiscal 2018.Oracle Corp- "sold $855 million of new annually recurring cloud revenue (arr) in Q4, putting us over our $2 billion arr bookings goal for fiscal year 2017".Oracle Corp - "expect to sell a lot more than $2 billion in new cloud arr in fiscal year 2018".Oracle Corp - in coming year, expect more of big customers to migrate their oracle databases and database applications to oracle cloud.Oracle Corp qtrly total revenues were up 3 percent to $10.9 billion.  Full Article

Oracle says change of chairman and chief executive officer
Monday, 5 Jun 2017 04:46am EDT 

June 5(Reuters) - Oracle Corp Japan <4716.T>:Says it names current president and chief executive officer Hiroshige Sugihara as new chairman .Says it names Frank Obermayer as new chief executive officer .Says effective June 5.  Full Article

Oracle and AT&T enter into strategic agreement
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - Oracle Corp ::Oracle and AT&T enter into strategic agreement.Oracle - AT&T signed agreement to move thousands of large scale internal databases to co's cloud infrastructure as a service and platform as a service.Oracle says AT&T will migrate thousands of existing oracle databases containing petabytes of data plus associated applications workloads to oracle cloud.  Full Article

ORACLE NETSUITE GLOBAL BUSINESS UNIT PLANS INCREASE DATA CENTER FOOTPRINT TO 11
Tuesday, 25 Apr 2017 12:00pm EDT 

April 25 (Reuters) - Oracle Netsuite Global Business Unit: :ORACLE NETSUITE GLOBAL BUSINESS UNIT SAYS PLANS TO MORE THAN DOUBLE ITS DATA CENTER FOOTPRINT FROM FIVE DATA CENTERS GLOBALLY TO 11.ORACLE NETSUITE GLOBAL BUSINESS UNIT - IN ASIA PACIFIC, NETSUITE PLANS TO INITIALLY LAUNCH FACILITIES IN AUSTRALIA, SINGAPORE FOLLOWED BY JAPAN, CHINA.  Full Article

BRIEF-Oracle says in Q1 of 2018, management supplemented 2017 restructuring plan to reflect additional actions that co expects to take‍​

* Oracle Corp - in Q1 of fiscal 2018, management supplemented 2017 restructuring plan to reflect additional actions that co expects to take‍​