Posts Tagged
Safra Catz
Bloomberg Business: Oracle Sales Miss Estimates; Shares Rise on Cloud Gain
©2015 Bloomberg News NLDPBF6JTSEC (Bloomberg) — Oracle Corp. reported fiscal third-quarter sales that missed analysts’ estimates, hurt by a rise in the U.S. dollar and weak corporate demand for cloud software. Revenue in the period that ended Feb. 28 was little changed from a year earlier at $9.33 billion, and