Oracle Continues Shift Toward On-Demand Software

Yesterday, Oracle (NASDAQ:ORCL) reported fourth quarter results that beat estimates. A highlight of the earnings call was CEO Larry Ellison admitting that Oracle is getting “a little bit” into the cloud computing space. More than a year ago, he was not so keen on investing in the SaaS sector due to the high cost of

Read Full Article »

Informatica Expands Its Reach

Informatica (NASDAQ:INFA), the leading data integration enterprise, reported a very positive Q1 recently. Revenues of $109.1 million grew 5% over the year with EPS of $0.18 compared to $0.16 earned a year ago.

Naukri Pulls Ahead of Peers

As job markets across the world sputter, recruiters all over have been feeling the effects. It is no different for India’s leading online recruiter, Naukri.com. For the year ended March 2009, Naukri’s parent company, Info Edge Ltd (BSE:NAUKRI.BO), announced revenue growth of 14% over the year to Rs. 2737.96 million (~$58 million). EBITDA of Rs.938.64

Read Full Article »

RIM Gains Market Share

Research In Motion Limited (RIM) (NASDAQ:RIMM; TSX: RIM), a leading mobile phone vendor with annual revenue of $11.07, billion beat estimates for its first quarter. Close on the heels of the Palm Pre and the iPhone 3.0, this week RIM unveiled the BlackBerry Tour. And although Palm and Apple are heating up the convergence device

Read Full Article »

Security Threats Escalating

In times when overall technology budgets seem to be restricted, there isn’t that much of a slowdown in the anti-virus and computer security product sales, as was evident from the last quarter results of McAfee. With increasingly larger digital security threats, the market has always been mission critical, and continues to remain so.

KLA Struggling, AMAT Sun Bound

While the economy might have picked up a bit, the semiconductor infrastructure industry’s latest results still leave a lot to be desired. KLA-Tencor’s (NASDAQ:KLAC) recently announced Q3 revenues of $309.6 million is a drop of 49% over the previous year’s $602.2 million. Last year’s EPS of $0.61 also fell drastically to loss per share of

Read Full Article »

Blue Nile Recovering

After having had a depressing run in the past quarters, Blue Nile (NASDAQ:NILE), a leading jewelry retailer with annual revenue of $295.3 million, seems to be back on track. While economic conditions have not improved drastically, the company’s performance is definitely upbeat.

What’s Next In SaaS?

Our SaaS coverage continues. We’ve seen acquisitions starting with Intuit buying PayCycle. Let’s see what’s up with Salesforce.com, and what is SAP likely to acquire with its rather large warchest. On May 21, Salesforce.com, Inc. (NYSE: CRM), a pioneer in the SaaS sector with annual revenue of $1.077 billion, reported its first quarter results that

Read Full Article »