Oracle earnings preview: Holding its own as Sun deal closes


This post is by Trey Thoelcke from BloggingStocks


Click here to view on the original site: Original Post




Filed under: , ,

Enterprise software giant Oracle Corporation (ORCL), which finally completed the deal to acquire Sun Microsystems, Inc. (JAVA), is scheduled to discuss its financial results for the second quarter of fiscal 2010 in a conference call Thursday, December 17, at 5:00 PM (ET). You can catch the live webcast of the call on the company’s website.

The three months that ended in November saw Oracle deny that its proposed acquisition of Sun Micro would reduce competition and detailed its plans for Sun. Analysts surveyed by Thomson Reuters are looking for Oracle to report that earnings for the quarter rose two cents per share from a year ago to $0.36. Revenue is expected to the same as a year ago, or $5.7 billion.

Continue reading Oracle earnings preview: Holding its own as Sun deal closes

Oracle earnings preview: Holding its own as Sun deal closes originally appeared on BloggingStocks on Wed, 16 Dec 2009 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments



Add to digg
Add to del.icio.us
Add to Google
Add to StumbleUpon
Add to Facebook
Add to Reddit
Add to Technorati



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.