Oracle Corp narrowly missed quarterly revenue estimates on Thursday, but the company remained bullish on demand for its cloud software following the recent acquisition of electronic medical records firm Cerner.
Oracle earned $1.22 per share on revenue of $12.39 billion in the quarter ended Feb. 28, while analysts were expecting a profit of $1.20 per share on revenue of $12.42 billion, according to Refinitiv data.The company forecast fourth-quarter revenue to grow between 15% and 17%, compared with analysts' estimate of 16.2%.
Oracle also expects adjusted profit per share in the range of $1.56 to $1.60, above market expectations of $1.46.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Court filings: Fox Corp. Chair Rupert Murdoch says that 2020 presidential election 'was not stolen’Fox says Dominion is misrepresenting remarks by Fox hosts and leaders to paint a picture of a company that threw truth aside to keep its audience.
Weiterlesen »
Court filings: Fox Corp. Chair Rupert Murdoch says that 2020 presidential election 'was not stolen’Fox says Dominion is misrepresenting remarks by Fox hosts and leaders to paint a picture of a company that threw truth aside to keep its audience.
Weiterlesen »
Fox Corp. Chairman Rupert Murdoch says 2020 election ‘was not stolen’ in filingsFox Corp. Chairman Rupert Murdoch said under oath that he believes the 2020 presidential election was free, fair and not stolen, according to court filings released Tuesday in a voting machine company’s defamation lawsuit over Fox News’ coverage of former President Donald Trump’s false election fraud claims.
Weiterlesen »
Fire crews respond to propane leak near Oracle, LambNorthwest Fire and Tucson Fire assisted Golder Ranch on the call at Tractor Supply Co., 15884 N. Oracle Road. Golder Ranch advised that people stay away from the area.
Weiterlesen »
Stocks making the biggest moves after hours: SVB Financial, Oracle, Gap and moreThese are the stocks posting the largest moves in postmarket trading.
Weiterlesen »
Stock futures are down slightly following Thursday’s market sell-off fueled by banksInvestors await key jobs data due Friday morning. The action follows a sharp sell-off led by bank shares on Thursday.
Weiterlesen »