A confident management team presented growth in both sales and in GAAP earnings per share. EPS was up 3% year over year to $0.26, and revenue hopped 2% to $5.5 billion. "Clearly we are extremely pleased with our spectacular Q3 results," said Chief Operating Officer Safra Catz. Now tell us how you really feel.
One analyst noted that Adobe Systems
The end of the gloom?
Put this together with steady results from IBM
Given Oracle's propensity for bashing the competition at every turn, it's telling that Larry Ellison and his crew hardly mentioned IBM at all in this quarter's conference call. "If you have nothing bad to say, don't say anything at all," is what I imagine Ellison's dear mother telling him back in grade school.
So I think that this bottom-mark is for real, and Oracle is both global enough and diversified enough that it's in a good position to make that call. Do you agree? Disagree? Pop on over to our Motley Fool CAPS community (it's fun, free, and only slightly addictive) and let us know. Or, just drop a line or two in the comment box below.
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Fool contributor Anders Bylund owns a few shares of AMD but he holds no other position in any of the companies discussed here. You can check out Anders' holdings or a concise bio if you like, and The Motley Fool is investors writing for investors.