Oracle's Q2 FY13 results: positive read-across for European Software vendors

News published on December Wednesday 19, 2012
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Yesterday evening Oracle reported Q2 FY13 earnings (FYE 31st May) slightly above consensus average and company guidance, and announced an encouraging guidance for Q3 FY13. We view these numbers as a positive read-across for European Software companies, so we expect positive share price reactions – even though we need to monitor more closely Oracle’s claimed market share gains against SAP in Europe.

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