Oracle's Q1 FY14 results: solid results on the Software side, but prudence for Q2

News published on September Thursday 19, 2013
Share on

Yesterday evening, Oracle reported Q1 FY14 sales (FYE 31st May) in line with consensus but at the low-end of company guidance due to Hardware, while new licence sales and cloud subscriptions are at the top of the range. Q2 guidance is prudent amidst tough comps and question marks on the economic backdrop. We view these numbers as a mixed read-across for European Software companies, so we expect slightly negative share price reactions short term.


Full report available to subscribers
Please contact marketing@bryangarnier.fr  

The Essentials

Everything you need to know about investment banking dedicated to growth
Stay Informed
Get our news
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities