http://www.businessinsider.fr/us/oracle-management-wall-street-analysts-2018-9
Oracle grew only 1% last quarter, and Wall Street is starting to question whether management is up to the job
Driving management churn, TK?
3 replies (most recent on top)
true cloud companies benefit from higher stock valuations. Oracle decided not to do the real work so the move they took years ago was to bring in MH to push financially engineered cloud deals. more bad press coming soon.... churn baby churn.
Ha!! Now a warning??? The canaries in the oracle coal mines have been singing for years. Mostly since that toad MH took over after being ousted from HP for “improprieties”. You cannot cut your way to success, conventional wisdom says. Boy howdy, that sure doesn’t deter the CEO class from getting disgustingly wealthy trying that method. It’s the Bain Capital playbook.
incredibly spot on and direct to the core problem of this company, i.e. the top management aka the 3 elders (the +1 being finally gone)
"Oracle's revenue growth — just 1% year-over-year — looks especially slow when compared to its competitors. Walravens contrasted Oracle's sleepy results to 39% growth at Amazon, 4% growth at SAP, 22% growth at Microsoft and 27% growth at Salesforce in each of their most recent earnings reports, covering the same period."
".... we continue to believe that Oracle needs to focus less on winning and more on its customers' success to drive growth. Whether that can happen under this management team is another question."
"Indeed, others on Wall Street expressed skepticism that Oracle's management team can take the company to the next level."
"With these items (cloud revenues) no longer broken out separately, investors have to rely on management's comments, but credibility has suffered as of late,"