| Oracle fell Friday after missing revenue estimates and reporting lower than expected license sales. Oracle Database 11g Administration: Hands-On - Course FAQ:: Experience equivalent to Course 926, Oracle® Database 11g: A Comprehensive Hands Times, including the workshops, are estimates; exact times may vary according to http://www.learningtree.com/courses/927qa.htmHOME |
Earnings of 8 cents a share met estimates, but revenues of $2.07 billion missed $2.14 billion estimates, and license revenues fell 7% when they were expected to rise by as much.
The company blamed short-term execution problems and seasonal weakness, and CEO Larry Ellison said "this is not the start of a new trend. Demand is not slowing."
Still, the company's forward guidance was a little shaky, with a forecast of total revenue growth of 2-5%, license revenues ranging from -3% to +7%, and earnings of 10-11 cents a share (estimates were for 11 cents). Oracle SQL Tuning Secret Tips:: To avoid this problem, many Oracle DBAs will create corresponding indexes that will dynamically estimate statistics for all tables with missing statistics, and http://www.rampant-books.com/t_oracle_sql_tuning_tips.htmHOME | Oracle shares up 7% after strong results; Nike climbs - MarketWatch:: Investors scooped up shares of Oracle Corp. in late trade Wednesday, with stock Costco 4th-period net to miss estimate; $1 bln added to buyback http://www.marketwatch.com/news/story/oracle-nike-accentur5-47AE-81F9-8CC66FCF27BE}HOME |
Soundview and other analysts came to the company's defense, saying they expect a strong rebound next quarter, but Oracle's stock finished the day down 3.3%.
The broader market rebounded from an early sell-off on lower than expected Michigan consumer sentiment and retail sales reports.
The Nasdaq rose 8 to 1855, the S&P 500 climbed 2 to 1018, and the Dow added 11 to 9471. Volume declined to 1.24 billion shares on the NYSE, and 1.7 billion on the Nasdaq. Advancers led 19-12 on the NYSE, and 17-13 on the Nasdaq. Upside volume was 58% on the NYSE, and 47% on the Nasdaq. New highs-new lows were 107-13 on the NYSE, and 169-4 on the Nasdaq. oracle - Daily Briefing:: a year ago to $1.34 billion, or 26 cents a share, matching the analyst estimate. dvds e*trade earnings earnings miss ebay ed lampert ed zander http://dailybriefing.blogs.fortune.cnn.com/category/oracle/HOME |
Microsoft rose 1.8% after doubling its dividend.
Interwoven climbed 5% on a positive mention in BusinessWeek.
XM Satellite Radio climbed 1% on a secondary stock offering.
SBC, up 0.6%, sold its banking software business.
Informatica slipped on an acquisition.
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