The declining trend in Oracle's legacy on-premise business continued in its fiscal 2016 first quarter results reported on September 16th. The cloud business continued its strong growth, but due to its ...
Oracle's Cloud Business still just 6% - 7% of total revenue but growing nicely. Oracle's traditional license business has contracted "high-teens" the last 4 quarters. The License segment faces much ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...