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

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: NetSuite / Oracle
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Oracle unveils Oracle Enterprise Catalog for Communications

Published 15 May 2019 11:06 CET | World
Oracle created the Oracle Enterprise Catalog for Communications, as part of the Oracle Digital Experience for Communications ...

Oracle Portugal opens skills centre in Porto in July

Published 29 Apr 2019 17:33 CET | Portugal
Oracle Portugal will open a skills centre in Porto in July and expects to hire 100 professionals, announced general director ...

Korea Telecom taps Oracle for 5G business services launch

Published 14 Feb 2019 14:57 CET | Korea, Republic of
Korea Telecom has selected Oracle Communications for the 5G Policy Control Function (PCF) in the buildout of its 5G network and ...

Oracle enhances cloud capability in UAE through new data centre

Published 11 Feb 2019 11:27 CET | United Arab Emirates
Oracle has announced the immediate availability of its new data centre in Abu Dhabi to offer public cloud applications services ...

Google leads growth in cloud infra market in Q4, AWS still leader with 32% share

Published 05 Feb 2019 15:33 CET | World
Google Cloud showed the strongest annual growth in the cloud infrastructure market in Q4 2018, growing revenues 82 percent to USD ...

Google requests Supreme Court ruling in Oracle copyright case

Published 25 Jan 2019 11:34 CET | United States
Google confirmed that it has filed a petition asking the Supreme Court to rule on the boundaries of copyright law when it comes ...

Oracle opens data centre in Toronto

Published 18 Jan 2019 10:32 CET | Canada
Oracle opened a Toronto data centre to support in region customer demand for Oracle's public cloud, Oracle Cloud Infrastructure. ...

Oracle takes over AT&T naming rights for San Francisco stadium

Published 10 Jan 2019 14:28 CET | United States
Oracle has bought the naming rights to the San Francisco baseball stadium, bringing an end to a 23-year deal with AT&T and its ...

Polish footware retailer uses Oracle products to support business

Published 08 Jan 2019 11:13 CET | Poland
Polish CCC Group, one of the fastest growing omnichannel footware retailers in Europe, uses products from Oracle to support its ...

Oracle founder Ellison joins Tesla board of directors

Published 31 Dec 2018 09:02 CET | World
Larry Ellison, the founder of Oracle, has joined the board of directors at Tesla. Kathleen Wilson, a former Kellogg executive, ...

Oracle revenues flat in Q2, pulled down by forex effects, slower cloud growth

Published 18 Dec 2018 09:45 CET | World
Oracle reported revenues for its fiscal second quarter of USD 9.56 billion, unchanged from the year before but up 2 percent at ...

Oracle revenues lift 1% in Q1, weighed down by strong US dollar, slower growth at cloud ops

Published 18 Sep 2018 09:33 CET | World
Oracle said revenues for its fiscal first quarter for 2019 reached USD 9.2 billion, up 1 percent from the year before in US ...

Oracle cloud executive takes leave of absence

Published 07 Sep 2018 09:45 CET | World
Oracle's Thomas Kurian, in charge of expanding the company's cloud-computing business, has announced in a staff email that he ...

Oracle cloud revenues jump 32% to USD 9.8 bln, driving solid Q3

Published 20 Mar 2018 09:01 CET | World
Oracle reported third quarter results again lifted by its cloud operations, though profit took a hit from the new US tax rules. ...