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jufel

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jufel

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Friday, 12/15/2017 6:35:10 AM

Friday, December 15, 2017 6:35:10 AM

Post# of 8827
CLOUD Market Still growing!!!

about Oracle Cloud business
https://ih.advfn.com/p.php?pid=nmona&article=76304222
"Fiscal third-quarter cloud revenue would grow 21% to 25%, not accounting for currency fluctuations, the company said after reporting earnings Thursday. Analysts had expected growth would be closer to 30%.

It is the second consecutive quarter Oracle gave a lower-than-expected guidance for its cloud business. Three months ago, the company said cloud sales would rise 39% to 43%. It actually surpassed those diminished expectations, growing 44% in the quarter to $1.52 billion. "
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