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DAILY EARNINGS

Oracle Net Flat, Red Hat Net Jumps; Tibco Net Drops


Author: Mukesh Buch
ticker.com
Last Update: 12:36 PM ET September 19 2014

12:30 AM New York Marcus first-quarter net declined 7% to $12 million. Oracle first-quarter net was flat at $2.18 billion. Red Hat second-quarter net jumped 14% to $47 million. Tibco third-quarter net tumbled 88% and revenue dropped 6% to $256 million.

Tollbooth Index fell 0.2% or 17.28 to 9,518.82.

Earnings Review

The Marcus Corporation (MCS), the movie theatre, hotel and resort operator said total revenue in first-quarter ending in August grew 2.1% to $131.8 million yen from a year ago period.

Net income in the quarter declined 7.4% to $12.4 million or 45 cents a diluted share compared to $13.4 million or 50 cents from a same quarter last year.

Oracle Corporation (ORCL), the software developer reported sales in first-quarter ending in August jumped 3% to $8.60 billion yen from a year ago period.

Net income in the quarter nearly flat at $2.18 billion or 48 cents a diluted share compared to $2.19 million or 47 cents from a same quarter last year.

Red Hat Inc (RHT), the open source software solution provider said total revenue in the second-quarter ending in August surged 19% to $446 million from a year ago period.

Net income in the quarter jumped 14.6% to $46.8 million or 25 cents a diluted share compared to $40.8 million or 21 cents from a same quarter last year.

Tibco Software Inc (TIBX), the infrastructure software provider total revenue in the third-quarter ending in August dropped 5.6% to $255.6 million from a year ago period.

Net income in the quarter tumbled 87.8% to $2.6 million or 2 cents a diluted share compared to $21.3 million or 13 cents from a same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc