earnings season has started...
AFTER THE CLOSE ******
Oracle Corp (ORCL) 11.01 -0.45: -- Update -- Call just concluded... in response to final question, ORCL said it has had an ongoing stock buyback program and expects to be back in the market this week, and in coming weeks, buying back its stock... ORCL unch
Oracle Corp (ORCL) 11.01 -0.45: -- Update -- Says it won huge competitive deal against Siebel Systems (SEBL) in quarter, but can't name customer due to non-disclosure agreement... urges analysts to ask SEBL about it; separately, Ellison taking every opportunity he can to downplay IBM's role as a competitor versus Oracle... ORCL +0.05
BSQUARE (BSQR) 3.70 -0.19: Software provider reaffirmed prior revenue guidance for Q3 (Sep); the company anticipates third quarter revenue between $14 mln to $15.5 mln and expects cash based earnings per share near breakeven, before one-time charges.
Oracle Corp (ORCL) 11.01 -0.45: -- Update -- In Q&A portion of call, admits that it wasn't seeing any data prior to last week's events to suggest things were recovering; if not for the terrorist attack would have stuck with the line on its conference call that things aren't getting worse, but aren't getting better either... now thinks the terrorist attacks will simply slow recovery down further... ORCL +0.08
Oracle Corp (ORCL) 11.01 -0.45: -- Update -- On call, says that before last week, it would have forecasted license revenue growth of about -8% to -10% and slightly improved operating margins; now says last week's events makes forecasting difficult, but is estimating license revenue growth in the neighborhood of -15% and EPS growth to be roughly flat... In the yr-ago period, ORCL posted a profit of $0.11 per share; the Multex consensus estimate for current qtr. is $0.11 so ORCL's earnings guidance is in line with expectations.. ORCL +0.06
Oracle Corp (ORCL) 11.01 -0.45: -- Update -- Prior to last week's events, said it felt fiscal Q2 was going to be like Q1 (i.e. business not much worse, but not much better either); expects terrorist attacks to have some negative impact, but things are still too murky right now to quantify; points to comps getting easier in fiscal Q3 and a strengthening euro as incremental positives for future results... ORCL +0.13
Oracle Corp (ORCL) 11.01 -0.45: -- Update -- On conference call, notes that it has seen a bottoming in license revenue growth in past two quarters and that it has continued into current quarter, notwithstanding last week's events... ORCL +0.13 |
