What Was That You Were Saying About Oracle's Worst Quarter in 15 Years?

Well, JMP Securities analyst Patrick Walravens’s assessment of Oracle’s business these past few months was about as wrong as wrong can be, wasn’t it? In early March, Walravens predicted the company’s February quarter would be an abysmal one. Two weeks later, Oracle posts better-than-expected results for that quarter and announces a dividend–its first ever.

What Was That You Were Saying About Oracle’s Worst Quarter in 15 Years?

Well, JMP Securities analyst Patrick Walravens’s assessment of Oracle’s business these past few months was about as wrong as wrong can be, wasn’t it? In early March, Walravens predicted the company’s February quarter would be an abysmal one. Two weeks later, Oracle posts better-than-expected results for that quarter and announces a dividend–its first ever.