News

Database software giant Oracle is set to report earnings late Tuesday in an environment that has not been friendly to software stocks. Oracle stock is off to a strong start this year, however ...
Oracle's Q2 results showed a 5% increase in revenue and an adjusted EPS of $1.34, up from $1.21, surpassing earnings expectations but missing the revenue target. CEO Safra Catz attributed the ...
CORRECTION & UPDATE—June 11, 2024: This article has been updated to correct Oracle’s net income for the fourth quarter of 2023 and reflect more recent analyst estimates and share price ...
More than a dozen analysts raised their stock-price targets, as dollar strength was the reason for the earnings miss, not slowing demand Shares of Oracle Corp. may be on track to suffer their ...
Oracle (ORCL) came out with quarterly earnings of $1.47 per share, missing the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.41 per share a year ago. These figures ...
Oracle's stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle's cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue.
Oracle is set to report its fiscal Q4 '23 earnings on June 12th, with analysts expecting $1.58 in earnings per share on $13.7 billion in revenue. The Cerner acquisition has boosted revenue ...
Its earnings per share (EPS) were up 9.7% from the year-ago period to $1.47. "Record level artificial intelligence (AI) demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher ...
Oracle Cloud Infrastructure long-term growth, vendor partnerships and channel partners seeing durable Fusion demand could come up on the next Oracle quarterly earnings call. Generative artificial ...