Menu
Oracle’s NZ revenue jumps 16 percent

Oracle’s NZ revenue jumps 16 percent

Oracle' s New Zealand revenue surged 16 percent in 2008, up from $78.1 million in its 2007 financial year to $90.9 million a year later.

Profit before income tax, for the year ended May 2008 was $30.7 million, up 30 percent from $23.6 million in 2007. After tax the profit was $20.2 million.

Oracle refuses to comment on its results by country, even though these are freely available at the New Zealand Companies Office website.

According to a release on its Asia-Pacific performance, the company has claimed some new customers in New Zealand, including a deal with Trustpower.

However, it is just as likely to be driven by the large number of acquisitions the company has made recently. Oracle has acquired nearly 20 other IT firms over the last two years.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Oracle

Featured

Slideshows

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

New Zealanders kick-started EDGE 2018 with a bout of Super Rugby before a dedicated New Zealand session, in front of more than 50 partners, vendors and distributors on Hamilton Island.​

EDGE 2018: Kiwis kick back with Super Rugby before NZ session
EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018 kicked off with a dedicated New Zealand track, highlighting the key customer priorities across the local market, in association with Dell EMC. Delivered through EDGE Research - leveraging Kiwi data through Tech Research Asia - more than 50 partners, vendors and distributors combined during an interactive session to assess the changing spending patterns of the end-user and the subsequent impact to the channel.

EDGE 2018: Kiwis assess key customer priorities through NZ research
Show Comments