Monday, July 14, 2014

Oracle's Earnings Guidance Just Changed

Another set of earnings meant another disappointment for Oracle  shareholders. Earnings, revenue, and key performance metrics all came in toward the bottom end of guidance, and Fools must be wondering just how reliable Oracle's guidance actually is? However, the company also made some reporting changes that should make its earnings easier to follow in the future, yet most of these adjustments simply reflect a change in industry-end demand.



In common with its main rival IBM , Oracle is shifting its efforts toward areas of growth such as cloud infrastructure. The question is, how will Oracle's new guidance help Fools to better follow the company?


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