Oracle To Wall Street: Our Fourth-Quarter Miss Was Good News (ORCL)

Oracle CEO Larry Ellison  had a great explanation as to why the company missed fourth-quarter and full-year revenue expectations: Oracle is actually kicking butt. It sold a lot of new cloud-computing contracts and that revenue won't show up right away, he explained to Wall Street analysts on the company's quarterly conference call. Another fourth-quarter miss for Oracle is particularly shocking. That's always the company's biggest quarter, as salespeople push to close deals and make their annua...