In its quarterly earnings release earlier this month, Oracle Corporation reported its 2023 Q2 results, indicating that “revenues were up 18% year-over-year in USD and up 25% in constant currency to $1...
Tag: Cerner
Oracle Lays Off Hundreds of Employees
Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions. ...
Oracle’s Ellison Pitches US Health Database With Power of Cerner
(Bloomberg) — Oracle Corp. is looking to develop a national system of digital health care records after completing its acquisition of electronic medical records provider Cerner Corp. Most Read f...
Oracle quietly closes $28B deal to buy electronic health records company Cerner
At the end of last year, just before Christmas, Oracle made a big move when it announced it was acquiring electronic health records company Cerner for $28 billion, thrusting it quickly into the top en...
Should you buy Oracle as the company targets to acquire Cerner Corporation?
Oracle Corporation (NYSE:ORCL) is trading at a valuation of $78.37. The lowest price over the last eight weeks was $70.23, while the highest was $84.51. This analysis seeks to determine whether Oracle...
Oracle’s ‘practically perfect’ earnings report sends stock higher
Oracle Corp.’s cloud offerings and its Cerner business were highlights of the software company’s second-quarter results, analysts say. Oracle ORCL, -0.89% beat Wall Street’s top- and bottom-line expec...