"Chief executive officer Safra Catz expects revenues to jump in double digits in the fiscal year ending in May. "
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"Demand for our cloud infrastructure and generative AI services is increasing at an astronomical rate," Chief Executive Safra Catz said in a release, noting that Oracle had more that $65 billion in total remaining performance obligations."
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"Oracle shares, which had been down about 5% after hours when its earnings call started, dropped more than 9% after Oracle Chief Executive Safra Catz forecast its outlook for the quarter."
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"So, both of our two strategic cloud businesses are getting bigger - and growing faster," Chief Executive Safra Catz said in a statement. "
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"In fact, a recent report by PwC found that only 22% of students can name a famous female in tech, despite OpenAI CTO Mira Murati, YouTube CEO Susan Wojcicki, Oracle CEO Safra Catz and Canva CEO & Co-founder Melanie Perkins frequently hitting the headlines. "
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"Oracle executives did not provide guidance for the fiscal third quarter in Monday's announcement, but Chief Executive Safra Catz does typically provide a forecast in their conference call, which is scheduled for 5 p.m. "
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"Chief Executive Officer Safra Catz said on a conference call that cloud revenue would "exit" the fiscal year growing at a percentage rate in the mid-20s. "
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"For the quarter ended on November 30th, the software and hardware maker's revenue increased 6% YoY but the company swung to a net loss of $1.25 billion from net income of $2.44 billion in the year-ago quarter due to a payment for a judgment in a decade-long dispute stemming from 2010 when former CEO Mark Hurd arrived and became co-CEO alongside Safra Catz until he died in 2019, leaving Catz in charge. "
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"Oracle Chief Executive Officer Safra Catz said the acquisition should be "immediately accretive to Oracle's earnings" on an adjusted basis in the first full fiscal year after closing and contribute "substantially more to earnings in the second fiscal year and thereafter." The transaction is expected to close next year, the companies said."
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"These strong results are being driven by the 22% growth of our infrastructure and applications cloud businesses, which are approaching $11 billion in annualized revenue," Chief Executive Officer Safra Catz said in the statement."
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"That year, Oracle Corp.'s Safra Catz was the highest-paid female CEO on Bloomberg'sranking of executive compensation, coming in at 33rd on the list."
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"For the undergoing quarter, CEO Safra Catz expects earnings per share to come in the range between $1.09 to $1.13 on 3% to 5% revenue growth. "
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"Executive Chairman Larry Ellison and Chief Executive Officer Safra Catz have been investing in services to run users' applications and store their data in the cloud after initially deriding the space. "
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"You know," Cook responded, "I've never spoken to Elon, although I have great admiration and respect for the company he's built." Musk and Cook were photographed sitting near one another - with only Oracle (ORCL) CEO Safra Catz between them - in a meeting with former President Donald Trump in December 2016. "
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"I'll quit jawboning for a moment and let Oracle CEO Safra Catz get a word in edgewise:"
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"Chief Executive Safra Catz also told analysts during the company's conference call that growth in the current fiscal year should exceed the rate seen the previous year; analysts had been projecting a slowdown for fiscal 2022."
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"Investors have bid up Oracle stock on enthusiasm for cloud computing as Executive Chairman Larry Ellison and Chief Executive Officer Safra Catz have tried to boost revenue by focusing on that area. "
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"The trio of defeats underscore the limits of a strategy that relied on Oracle's ties to the Trump White House and other politicians and ratchet up the pressure on Ellison and Chief Executive Officer Safra Catz to find ways to keep the existing product lineup vital."
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"Oracle Corp. Chief Executive Safra Catz netted more than $76 million through a number of stock trades, as she acquired 2.25 million shares through the conversion of derivatives then sold them in the open market at much higher prices. "
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"Oracle CEO, Safra Catz said the company "continued to extend our huge lead in the cloud ERP market" after the performance."
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"Executive Chairman Larry Ellison and Chief Executive Officer Safra Catz have been trying to boost sales at the world's second-largest software maker by accelerating a shift to cloud-based software for services such as accounting and human resources while growth wanes in the company's older flagship database business. "
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"Subscription revenue now accounts for 72% of Oracle's total revenues, and this highly-predictable recurring revenue stream, along with expense discipline, are enabling double-digit increases in non-GAAP earnings per share," said Chief Executive Safra Catz in a statement."
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"Read more: Oracle employees say Safra Catz and Larry Ellison don't talk about their Trump ties internally. "
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"Oracle Corp. co-founder Larry Ellison and Chief Executive Safra Catz haven't commented, either. "
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"Abbott said he's spoken to Oracle Chief Executive Officer Safra Catz for years about expanding the company's Texas presence."
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""Our highly profitable multibillion-dollar Fusion and NetSuite Cloud ERP applications businesses grew revenue 33% and 21%, respectively, in Q2," Oracle Chief Executive Safra Catz said in Thursday's announcement. "
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"Palantir Chairman Peter Thiel and Oracle Chief Executive Officer Safra Catz have been Trump supporters."
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"Ellison, the 11th wealthiest person in the world, and Chief Executive Officer Safra Catz have been major supporters of outgoing Republican President Donald Trump, who lost reliably Democratic California in his re-election bid this year. "
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"Revenue will climb 2% to 4%, an estimated $10 billion to $10.4 billion, in the period that ends in February, Chief Executive Officer Safra Catz said Thursday in a conference call. "
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""Our highly profitable multibillion-dollar Fusion and NetSuite Cloud ERP applications businesses grew revenue 33% and 21%, respectively, in Q2," Oracle Chief Executive Safra Catz said in Thursday's announcement. "
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""Oracle will quickly deploy, rapidly scale, and operate TikTok systems in the Oracle Cloud," said Oracle CEO Safra Catz in a statement. "
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"Oracle founder Larry Ellison threw a fund-raiser for Trump, and Chief Executive Officer Safra Catz has donated more than $130,000 on his reelection bid. "
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"DAN HOWLEY: If it's going to the White House and Larry Ellison, Safra Catz both have connections to the White House to a degree, then it looks like it would continue to function in the US just as it has. "
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"Chief Executive Officer Safra Catz has contributed to Trump's re-election campaign, served on the president's transition team and has dined with him at the White House."
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"In 2016, Chief Executive Officer Safra Catz served on the president's transition team, and two years later, dined with him at the White House, where she complained about a government contract she deemed unfair, Bloomberg reported."
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""The things that are going very well and are growing and are getting larger and larger is everything associated with the cloud," Oracle Chief Executive Safra Catz told analysts on Thursday, after the company posted sales for the August quarter of $9.37 billion and earnings of 72 cents a share. "
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""The things that are going very well and are growing and are getting larger and larger is everything associated with the cloud," Oracle Chief Executive Safra Catz told analysts on Thursday, after the company posted sales for the August quarter of $9.37 billion and earnings of 72 cents a share. "
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"Chief Executive Officer Safra Catz projected revenue in the current quarter will climb 1% to 3% from a year earlier. "
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"On a conference call, Oracle Chief Executive Safra Catz forecast fiscal second-quarter adjusted earnings of 98 cents to $1.02 a share on flat to 2% growth in revenue, or $9.62 billion to $9.81 billion. "
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