Oracle shares suffer steepest drop of 2024 after earnings miss
After the close on Monday, Oracle reported earnings per share for the fiscal second quarter of $1.47, trailing analysts' average estimate by a penny, according to LSEG. Revenue rose 9% from a year earlier to $14.06 billion, missing the $14.1 billion average estimate.
Oracle's Larry Ellison is the NBJ's Newsmaker of the Year
Ellison — Oracle Corp. 's co-founder and former CEO as well as its current chairman and chief technology officer — is who the Nashville Business Journal newsroom selected as 2024's Newsmaker of the Year. The annual profile spotlights someone who influenced and drove one or more of the year's major events and storylines.
Oracle (NYSE: ORCL) share prices have had a strong year on the back of renewed interest due to strength in its cloud ...
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Shares of Oracle Corp. fell the most in a year after the software giant reported lukewarm quarterly revenue, disappointing ...
Oracle Corp (ORCL) stock saw a decline, ending the day at $175.32 which represents a decrease of $-3.26 or -1.83% from the prior close of $178.58. The stock opened at $178 and touched a low of $174.81 ...
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales ...
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
Oracle shares tumbled after the cloud company’s second-quarter revenue fell short of Wall Street’s expectations, but analysts ...
Oracle's shares tumbled more than 9% on Tuesday after its quarterly revenue fell short of Wall Street expectations, signaling ...
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
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