Summary
- Oracle is announcing earnings this afternoon, March 19.
- The article tries to cover all the key figures the market will be looking at for clues regarding the company and stock’s future.
- Personally, I’m not excited by ORCL as there is not enough margin of safety, risk and industry headwinds.
Oracle (ORCL) offers products and services for corporate IT needs. Their 400,000 customers are served via 3 main lines of business: cloud and on-premise business software, hardware and services. The company is announcing earning for Q3 this afternoon and the purpose of this article is to look at the key figures which will influence the stock price post results.
Revenue Sources
Shareholders will be looking at the breakdown of revenue with the hope that cloud sales continue to rise as they are still only 16% of revenue. In January, Morningstar noted sources that suggests that Amazon and Salesforce are ” aggressively moving down the path of migrating operations off Oracle database technology and onto open-source and/or internally developed solutions”.
