stockmarket

Oracle Earnings, Revenue beat in Q2


© Reuters.

Investing.com – Oracle (NYSE:) reported second quarter that beat analysts’ expectations on Monday and revenue that topped forecasts.

The firm reported earnings per share of $0.8 on revenue of $9.57B. Analysts polled by Investing.com expected EPS of $0.78 on revenue of $9.52B. That compared to EPS of $0.83 on revenue of $9.62B in the same period a year earlier. The company had reported EPS of $0.71 on revenue of $9.2B in the previous quarter.

For the year, Oracle shares are down 3.28%, outperforming the which is down 5.13% year to date.

Oracle follows other major Technology sector earnings this month

On Thursday, Adobe reported fourth quarter EPS of $1.83 on revenue of $2.46B, compared to forecasts of EPS of $1.88 on revenue of $2.43B.

Broadcom earnings beat analyst’s expectations on December 6, with fourth quarter EPS of $5.85 on revenue of $5.45B. Investing.com analysts expected EPS of $5.58 on revenue of $5.4B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.