Feeds

Oracle has great Q3, if database growth doesn't concern you

Oh yeah. And SAP stinks

Beginner's guide to SSL certificates

Oracle today turned in a good looking third quarter to investors. That is if you discount the database maker's unimpressive database sales growth.

Oracle showed off revenue of $3.5bn for the third quarter. That total is up 18 per cent from the $2.95bn reported in the same period last year. Larry's House also delivered an improved profit, reaching $765m as compared to $540m last year. Overall, Oracle's 19 cents EPS (earnings per share) beat analysts' consensus forecast by a penny.

Executives used the solid results as an excuse to go after one of the only software makers Oracle didn't acquire during the past two years.

"SAP's strongest geographical region is Europe," said Oracle's President Charles Phillips. "So we are especially pleased that in Europe our applications new license revenue grew in excess of 100 per cent year-over-year. It's very satisfying to be doing well right in SAP's backyard."

Boo-yah!

Oracle's results didn't look as pretty if you dug a bit deeper into the third quarter financial statement.

Most notably, revenue from new database and middleware licenses grew only 4 per cent to $827m. Support revenue for these products rose only 6 per cent and total database and middleware revenue grew 5 per cent to $1.92bn. Single digit growth everywhere.

Oracle's applications business performed better, working off a much smaller base. Revenue from this group surged 80 per cent to $877m, and new licenses revenue increased 77 per cent.

The results appeared to leave Oracle investors unmoved. Shares off Oracle dropped almost 4 per cent in the after-hours markets. ®

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.