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Oracle Financial Q3 Review — Result Miss, But Strong License Wins Support Healthy Outlook: Dolat Capital
Oracle's management highlighted that on YoY basis, Q3 FY24 was a landmark quarter of record license wins ($49.5 million), implying a base effect playing out, adds the brokerage.
16 Jan 2025, 10:24 AM IST 
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Oracle Financial Services Software reported revenue decline of 6% YoY in Indian rupee terms at Rs 17.1 billion.
(Photo: Glenn Carstens Peters/ Unsplash)
Software companies’ performance can be a bit volatile on an annualized basis and thus it is better to value them on DCF basis to capture their true potential in the nearto-medium term.
