Oracle's CEO says coronavirus impact on the company is still unclear - Business Insider

📆 13/03/2020 03:07:00
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Oracle CEO Safra Catz said it's 'business a usual' as the impact of the coronavirus on the tech giant remains unclear

Oracle CEO Safra Catz said it is still unclear how the coronavirus crisis could impact the tech giant's business. "We're largely conducting business as usual," she told analysts on the company's earnings call. Valoir analyst Rebecca Wetterman told Business Insider:

"We're seeing other companies take precautionary actions," Catz said. "It's not yet clear what the effect of the virus will have on our customers and suppliers." How the pandemic and the looming economic downturn will impact Oracle's transformation was clearly top of mind for some Wall Street analysts.

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