Everything that is wrong with Oracle right now

Yr over year revenue is down across the board.

Churn is up with clients.

Revolving door for Employess and cloud clients especially.

Class of program is on life support bc the word is out at the universities in Austin and elsewhere that it's a dead end program.

The business is very sick and it's all hands on deck to get the business "turned around".

Spreadsheet management and cut throat, Machiavellian behavior is encouraged and rewarded in upper management.

Once the goals ( whatever they are ) are achieved they will be unsustainable by the ghost ship of talent. The kiddos coming up are clueless and desperate for jobs so they get s---ered in by MH and his Mgmt mini Me's.

Everyone else is just shopping for a better gig while they keep treading water .

Posted by @Of5oBGs-1lku, agree completely.

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Pipeline has always been a garbage number at oracle, so if they pay you to manufacture pipe, go and manufacture some pipe numbers, never mind reality, just make up some sh-- - that's what they're asking for. The 3 stooges are so unbelievably stupid it's almost funny

This weeks directive: must have 4x pipeline. The race is on to pipe opps.

Netsuite saved us. The products created by TK have lost money every year for 10 years

Forget that last post, @OjtFgLp-3qth, I'm an idiot...

I see. The last quarter was up a bit year over year, but the entire FY as a whole was down. Fair enough.

Fiscal year is June-May. All values USD millions.

2013 2014 2015 2016 2017

37.18B 38.28B 38.23B 37.05B 37.73B Sales/Revenue

2.95% -0.13% -3.08% 1.84%* Sales Growth

*Net Suite Acquisition Q3 2017

2017 Q4 rev was 10.9B, not 10.46B, unless I'm reading something wrong.

http://investor.oracle.com/m/#/Press_Releases/3518ce36-6c2e-4deb-91e3-53c9c1a7e562

Maybe oracle can rebrand itself to NetSuite ??? !!!

Response:

For the fiscal fourth quarter 2017, Oracle revenue of $10.46 billion.

That’s a slight decline from 2016’s fiscal Q4 earnings of $0.81 per share and revenue of $10.6 billion.

Q3 rev was flat compared to the prior Q3.

Rev is declining to flat as of q3 & 4 reported #s.

Then there is this about q3 & netsuite's contribution to those Q3 #s.

https://www.google.com/amp/s/seekingalpha.com/amp/article/4056086-oracles-house-cards-cloud-dissecting-q3-2017-results

It is easy to get confused by all the spin. The numbers are clear.

Customers hate oracle and are leaving as fast as they can, a quarterly number is irrelevant, oracle is going nowhere good/ has no future

Wrong.

Look at the last quarter numbers. Rev is NOT down across the board. Cloud will continue to grow (albeit everyone doubts the current pace is maintainable). Last quarter, even overall rev was up, so there must have been some overall improvement, regardless of all the "creative accounting" used to make on-prem rev look like cloud rev.

Our homegrown cloud tech (Fusion Apps) may be a total dumpster fire, but the rest of the company is at least probably still salvageable.

Don't be so melodramatic. Life's too short to get stressed out over this stuff.

So was Enron's before it all came crashing done

Revenue is up

The SEC are clueless. But you are correct, it's classic Enron counting revenue for something that's not really what you say it is.

All that's missing is an SEC investigation of cloud revenues b/c a big chunk of them has nothing to do with cloud anything

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Everything that is wrong with Oracle right now

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