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Wednesday, April 7, 2010 as of 11:14 AM ET

Safra Catz

Safra A. Catz (born December 1, 1961 in Holon, Israel), an Israeli - American manager, has been a President of Oracle Corporation since January 2004 and a member of the company's Board of Directors since October 2001. She also served as the company's Chief Financial Officer from November 2005 to September 2008. She has been at Oracle Corporation since April 1999. She became a non-executive Director of HSBC Group in May 2008.

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Oracle 3Q Results Beat Street on Software Revenue

After shocking the Street with a surprise second-quarter miss, Oracle Corp.

(NASDAQ:ORCL) got back to business in the third-quarter, delivering an easy beat on both the top and bottom line.The company saw new software licenses revenue rise 7% to $2.37 billion, which helped offset an 11% decline in hardware systems revenue.  Software revenue rose 7.9% to $6.43 billion and software license updates and product support revenue edged slightly lower to $4.05 billion.The business and database software-maker posted third-quarter net income that rose 28% to $2.5 billion, or 49 cents a share, compared with year-ago earnings of $2.12 billion, or 41 cents a share. On an adjusted basis, earnings rose to 62 cents a share, up from 54 cents in the third quarter of last year.Total revenue rose 3% to $9.1 billion, compared with $8.76 billion one year ago.The results easily beat expectations, as analysts polled by Thomson Reuters had predicted earnings of 56 cents a share on $9.02 billion."Oracle is on t...

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  1. Oracle Beats the Street

    Oracle (NASDAQ:ORCL) surged to near a 10-year high after hours Thursday upon revealing a stronger-than-expected 30% jump in second-quarter profit, helped by growing ...

  2. Oracle Ruling Tarnishes SAP's Reputation

    A record $1.3 billion fine slapped on SAP for downloading rival Oracle's software has tarnished the German software maker's reputation and is set to undermine its sa...

  3. Oracle ruling tarnishes SAP's U.S. reputation

    FRANKFURT (Reuters) - A record $1.3 billion fine slapped on SAP for downloading rival Oracle's software has tarnished the German software maker's reputation and is s...

  4. Oracle Awarded $1.3B for SAP Software Theft

    SAP AG must pay Oracle Corp $1.3 billion in damages for software theft, a federal jury decided on Tuesday after a high-profile trial that captivated Silicon Valley ....

  5. Oracle Snatches Up Former H-P CEO Hurd

    Only weeks after being ousted from Hewlett-Packard ( HPQ ) because of an ethics scandal, software company Oracle announced it had hired former H-P CEO Mark Hurd as t...

  1. Oracle Forecasts Mild Earnings, Sales Gains

    Oracle Corp. on Tuesday said that for its fiscal third-quarter it expects to earn 44 cents to 47 cents a share, or between 56 cents to 59 cents a share, excluding on...

  2. Oracle 2Q Results Miss Expectations

    Oracle Corp. (NASDAQ:ORCL) weighed in with second-quarter results that fell well short of Wall Street’s expectations, prompting the stock to plunge nearly 8% after t...

  3. Overachiever Oracle faces high growth hurdles

    By Bill RigbySEATTLE (Reuters) - Oracle Corp has a habit of beating Wall Street expectations, but some investors fear billionaire Larry Ellison's software and server...

  4. Oracle CFO resigns as Safra Catz assumes post again

    BOSTON (Reuters) - Oracle Corp has replaced its chief financial officer less than three years after he joined the company, tapping President Safra Catz to assume the...

  5. Oracle Names Safra Catz New CFO

    FBN's Robert Gray on Oracle President Safra Catz taking on the CFO position after former CFO Jeff Epstein resigns.

  6. Oracle CFO Resigns, Catz Resumes Role

    Oracle Corp. said Monday that Chief Financial Officer Jeff Epstein, who assumed the position roughly two and a half years ago, has resigned effective immediately.The...

  7. Oracle 3Q Beats Street

    Oracle Corp. (NASDAQ:ORCL) on Thursday posted fiscal third-quarter results that easily beat analyst forecasts, as revenue rose on increased sales from hardware produ...

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