Oracle's GAAP Q2 Will Be Filed, Tomorrow Night. What Will We See?

Truly, the Sales/Billings quarterly totals tend to be pretty volatile -- it is the smoothed out annual trends that matter most. Oracle will post a huge beat in one quarter, then come in way short the next. So it is hard to say what will come from tomorrow evening -- with any certainty.

Several analysts have said that today's decline in Oracle is driven by fears of a weak SpaceX IPO turnout. I'm unconvinced. I think it is the "noise" expected, in Oracle's own quarterly figures. We shall see -- here is one rag's report:

. . .Enterprise software giant Oracle will be announcing earnings results this Wednesday after market hours. Here’s what to expect.

Oracle beat analysts’ revenue expectations last quarter, reporting revenues of $17.19 billion, up 21.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA and billings estimates. . . .

This quarter, the market is expecting Oracle’s revenue to grow 20.1% year on year, improving from the 11.3% increase it recorded in the same quarter last year. . . .

Check back tomorrow evening -- for more. . . color. Smile.

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