The Oracle CFO did not update the company’s earnings guidance. Market analysts are expecting Oracle to remain on course to meet earnings of seven cents per share for Q1 despite facing difficult trading conditions.
Oracle CFO anticipating sluggish business
Oracle CFO Jeff Henley has said in a meeting with analysts that he expects business to remain sluggish for at least the next six months. Henley went on to say that he believed Oracle's sales growth would turn positive in the second half of the company's fiscal year.
