Oracle CEO Larry Ellison Thinks Oracle's Results Said More About Oracle?s Execution than the Macro Economy Digg This! Oracle’s earnings, better than expected, were up 27% to $2 billion or 39 cents a share in its fourth fiscal quarter on revenues up 24% to $7.24 billion and good thing too considering Oracle is this week’s roundly watched harbinger of what’s happening in the economy at this very, um, nasty intersection. Oracle CEO Larry Ellison thinks Oracle’s results said more about Oracle’s execution than the macro economy. Oracle CFO Safra Catz complained about being up against a tough compare in the current seasonally weak first quarter and predicted that Oracle would see revenues up 18%-20%, with new software licenses up 10%-20% year-over-year and earnings of 26 cents-27 cents (non-GAAP) or 17 cents-18 cents (GAAP). Catz...
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