All eyes are on database and enterprise software giant Oracle today, as the company is poised to release its quarterly report that shareholders and industry experts expect to show some indications of a boost from the server business of Sun Microsystems, the acquisition of which Oracle wrapped up early this year.
Specifically, analysts are betting that Sun’s high-end server business — which thus far hasn’t contributed much to Oracle’s overall performance — will start earning its keep. Datamation has the story.
Oracle shareholders are expecting nothing less than more of the same from the software giant Thursday when it releases its fourth-quarter sales and earnings report.
Analysts surveyed by Thomson Reuters are pegging the Redwood Shores, Calif. company for a profit of $0.54 a share, excluding one-time charges, on sales of roughly $9.5 billion, up from a profit of $0.46 a share on sales of $6.9 billion in the year-ago quarter.