ORACLE CORPORATION

(ORCL)
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08:01aOracle Cloud Adds to List of DOD Provisional Authorizations
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Oracle Opens First Cloud Region in Africa

01/19/2022 | 06:00am EDT

Oracle announced the availability of its first cloud region in Africa to meet the rapidly growing demand for enterprise cloud services on the continent. The Oracle Cloud Johannesburg Region will boost cloud adoption across Africa while also helping businesses achieve better performance and drive continuous innovation. The opening marks Oracle's 37th cloud region worldwide with plans to have at least 44 cloud regions by the end of 2022, continuing one of the fastest expansions of any major cloud provider. The Johannesburg region is built on Oracle Cloud Infrastructure (OCI), which enables customers to easily migrate IT workloads and data platforms to the cloud or build new cloud native applications. In addition, Oracle offers a wide range of application modernization and cloud strategies to help African organizations operate with global competitiveness. Oracle Cloud's Expanding Global Footprint: As part of Oracle's planned expansion of its cloud region footprint to support strong customer demand for Oracle Cloud services worldwide, over the next year, Oracle will open seven additional cloud regions in Spain, Mexico, Colombia, Chile, France, Israel, and Saudi Arabia. Oracle plans to have at least 44 cloud regions by the end of 2022.


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All news about ORACLE CORPORATION
08:01aOracle Cloud Adds to List of DOD Provisional Authorizations
PR
05/16Nokia Moves HR Functions to Oracle Fusion Cloud HCM
AQ
05/16TriHealth Selects Oracle Fusion Cloud HCM to Centralize HR Processes
AQ
05/16Diebold Nixdorf Unifies Global HR Operations on Oracle Fusion Cloud HCM
AQ
05/12Nokia Chooses Oracle to Provide Cloud Platform for Human Capital Management
MT
05/12Nokia Moves HR Functions to Oracle Fusion Cloud HCM
PR
05/12Nokia Moves HR Functions to Oracle Fusion Cloud HCM
CI
05/11Oracle Offers Service Agents a Unified View of the Customer with Oracle Fusion Cloud Un..
PR
05/11Oracle Offers Service Agents Unified View of the Customer with Oracle Fusion Cloud Unit..
CI
05/06MARKETSCREENER'S WORLD PRESS REVIEW : May 6, 2022
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Analyst Recommendations on ORACLE CORPORATION
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Financials (USD)
Sales 2022 42 286 M - -
Net income 2022 6 613 M - -
Net Debt 2022 50 949 M - -
P/E ratio 2022 29,3x
Yield 2022 1,79%
Capitalization 186 B 186 B -
EV / Sales 2022 5,60x
EV / Sales 2023 5,14x
Nbr of Employees 132 000
Free-Float 57,1%
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Technical analysis trends ORACLE CORPORATION
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 28
Last Close Price 69,71 $
Average target price 89,91 $
Spread / Average Target 29,0%
EPS Revisions
Managers and Directors
Safra Ada Catz Chief Executive Officer & Director
Lawrence Joseph Ellison Chairman & Chief Technology Officer
Michael J. Boskin Independent Director
Jeffrey S. Berg Independent Director
Naomi O. Seligman Independent Director
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