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Stock impact report

Oracle reports 18% revenue growth after Cerner deal closes [MSNBC.com]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: MSNBC.com
In this articleOracle CEO Safra Catz speaks during the Select Investment Summit in Oxon Hill, Maryland, on June 19, 2017. The Select Investment Summit brings together companies from all over the world, economic development organizations from every corner of the nation and other parties working to facilitate foreign direct investment (FDI) in the United States.Eric Thayer | Bloomberg | Getty ImagesRevenue climbed 18% in the quarter from a year earlier, thanks to a contribution from recently acquired software maker Cerner.Here's how the company did:Revenue growth in the quarter ended Aug. 31 accelerated from the 5% it posted inthe prior quarterstatementOracle received a $1.4 billion contribution from Cerner after the $28 billion acquisitionclosedNet income declined to $1.55 billion from $2.46 billion in the year-earlier period. Oracle said it would have seen 8 cents more adjusted earnings per share if it were not for unfavorable foreign exchange rates.Oracle's cloud services and license Show less Read more
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