Ghost of Christmas past haunts Oracle despite impressive revenue growth

Oracle sales increased nearly 6 per cent to hit $10.4bn in its Q2 results for fiscal 2022, but the company made a loss due in part to a dispute relating to a former CEO. Big Red's cloud services and licence support revenues were up 6 per cent to $7.6bn while cloud and on-premises licence revenues increased 13 per cent, hitting …

[Gene Cash]

litigation related charges totalling $4.7bn

Four point seven BILLION dollars in litigation?

Really? That is eye watering. How many goddamned lawyers did it involve? Hundreds?

[Anonymous Coward]

Re: litigation related charges totalling $4.7bn

I thought exactly the same.

However it's much more palatable as 3.5531 DUP.

[orly_andico]

That's because the litigation is tied up with Oracle's sunsetting of support for Itanium

.. it's not just about Hurd's employment.

https://www.nextplatform.com/2021/12/01/the-ghost-of-itanium-and-hpc-give-hpe-long-sought-profits/