Significant Q4 wins and earnings numbers reflect the strength of Oracle’s resurgence as a cloud company. At its earnings call earlier this week, CEO Mark Hurd mentioned some big names — including Johnson & Johnson, the Cleveland Clinic, Baylor University and AT&T — that made significant commitments to Oracle in the quarter. “Last year, I forecast double-digit non-GAAP earnings per share growth for FY18,” said CEO Safra Catz, “and we delivered 14 percent growth this year, largely driven by strong growth in our cloud businesses.”
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Oracle’s Nice Numbers
Posted by: Denis Pombriant June 30, 2018 05:00 AMSignificant Q4 wins and earnings numbers reflect the strength of Oracle’s resurgence as a cloud company. At its earnings call earlier this week, CEO Mark Hurd mentioned some big names — including Johnson & Johnson, the Cleveland Clinic, Baylor University and AT&T — that made significant commitments to Oracle in the quarter. “Last year, I forecast double-digit non-GAAP earnings per share growth for FY18,” said CEO Safra Catz, “and we delivered 14 percent growth this year, largely driven by strong growth in our cloud businesses.”