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General

Oracle raises div 24%, lifts adjusted revenues 3% in Q3

Friday 15 March 2019 | 09:40 CET | News
Oracle has raised its quarterly cash dividend to USD 0.24 per share, after reporting higher adjusted revenues for its fiscal third quarter. CEO Safra Catz highlighted the company's cloud operations, nothing that its Fusion HCM, ERP, Supply Chain and Manufacturing Cloud applications grew revenues 32 percent, while its NetSuite ERP cloud applications rose 30 percent. The company said the introduction of Autonomous Database was its most successful ever; the company said it added around 4,000 new Autonomous Database trials in the quarter and that it had nearly 1,000 paying Autonomous database

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Categories: General
Companies: NetSuite / Oracle
Countries: World
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