Thread regarding Oracle Corp. layoffs

Earnings call next week. Predictions?

Any predictions for next week's earnings call on the 14th?

Here is some advice from another post that you should keep in mind:

Remember there have been big stock buybacks and they have auth to buy $12b more. This will make earnings per share look better but need to look at earnings and revenue growth. Level or slight increase in earnings per share is bad because at least 10% fewer shares outstanding.

They need to keep cutting costs.

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No revenue growth, cloud revenues = cloud fraud as previously discussed. EPS purely a function of massive share buybacks. Conclusion: oracle is a dying company looking ok due only to fraudulent accounting by the 3 stooges. Cart them off to jail !

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