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Oracle News

Swedish restaurant chain taps Oracle MICROS Simphony to support global growth and boost customer service

Since its start in Lulea, Sweden in 2016, the NYC-inspired street food chain, Bastard Burgers, has been on a mission to go global. To support its rapid growth and expand its digital ordering capabilities, Bastard Burgers has chosen Oracle MICROS Simphony Cloud Point-of-Sale (POS). With Oracle's help, the company now boasts 67 restaurants across Sweden, Norway, and most recently at The Bronx Brewery Taproom in New York City. Expansion plans include bringing tasty burgers to more communities across Finland this fall and then Central Europe.

People are searching for happiness in new ways and are willing to pay a premium

People want brands to make them smile and laugh, but business leaders fear using humor in customer interactions according to a new research report from Oracle Fusion Cloud Customer Experience (CX) and Gretchen Rubin, five-time New York Times bestselling author and podcaster. The Happiness Report includes insights from more than 12,000 consumers and business leaders across 14 countries and found that people are searching for new experiences to make them smile and laugh and will reward brands that embrace humor with loyalty, advocacy, and repeat purchases, and walk away from those that don't.

Oracle helps Latin American retailer scale with rapid growth and improve in-store shopping outings for customers

Retail Group, Komax is committed to bringing the latest clothing, shoes, and accessories from a roster of famous brands, including Gap, Banana Republic, and UGG, to consumers across Latin America. After years of rapid growth and multi-national expansion, Komax needed a single retail platform to manage multiple countries and brands for the modern omnichannel retail. Komax chose the Oracle Retail suite of services deployed on Oracle Cloud Infrastructure (OCI) and partnered with SkillNet to achieve its goals.

Q4 GAAP Earnings per Share $1.16, Non-GAAP Earnings per Share $1.54; Total Q4 Revenue $11.8 billion, up 5% in USD, up 10% in constant currency...

Oracle Corporation announced fiscal 2022 Q4 results. Total quarterly revenues were up 5% year-over-year in USD and up 10% in constant currency to $11.8 billion. Cloud services and license support revenues were up 3% in USD and up 7% in constant currency to $7.6 billion. Cloud license and on-premise license revenues were up 18% in USD and up 25% in constant currency to $2.5 billion.

Q4 GAAP operating income was $4.5 billion, down 1% in USD and up 6% in constant currency. Non-GAAP operating income was $5.6 billion, up 3% in USD and up 8% in constant currency. GAAP operating margin was 38%, and non-GAAP operating margin was 47%. GAAP net income was $3.2 billion, and non-GAAP net income was $4.2 billion. Q4 GAAP earnings per share was $1.16 while non-GAAP earnings per share was $1.54.

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