Q1 in any business is the toughest for generating revenue and Oracle is no exception. In its Q1 earnings call it admitted missing by about $70 million on a $9.2 billion nut: small but consequential. No need to run for the smelling salts though, Oracle has been here before and it’s got this. It should be no surprise, though, because in Q4 any self-respecting salesperson or manager works tirelessly to drain the pipeline and maximize earnings, in order to start Q1 with a bare cupboard. For a company like Oracle, that’s a relative concept.
Source: https://www.ecommercetimes.com/perl/syndication/rssfull.pl
