Categories AlphaGraphs, Earnings, Technology
Oracle (ORCL) reports Q1 results: Here’s what you need to know
Oracle Corporation (NYSE: ORCL) on Monday reported financial results for the first quarter of 2024. The software giant’s top line benefited from a strong performance by the core Cloud Services and License Support business.
August-quarter revenues came in at $12.5 billion, compared to $11.45 billion in the corresponding period of 2023. Adjusted earnings, excluding special items, was $1.19 per share in the most recent quarter, compared to $1.03 per share in the prior-year period.
On an unadjusted basis, the tech firm reported first-quarter net income of $2.42 billion or $0.86 per share, compared to $1.55 billion or $0.56 per share in the prior-year quarter.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
AZO Earnings: AutoZone reports higher sales and profit for Q3 2024
Automotive parts retailer AutoZone, Inc. (NYSE: AZO) on Tuesday said its third-quarter net sales and earnings increased modestly from last year. The company reported net sales of $4.24 billion for the
Infographic: Key highlights from Macy’s (M) Q1 2024 earnings results
Macy’s, Inc. (NYSE: M) reported first quarter 2024 earnings results today. Net sales decreased 2.7% year-over-year to $4.8 billion. Comparable sales were down 1.2% on an owned basis and down
Here are a few reasons why Beyond Meat (BYND) appears to be beyond hope
Shares of Beyond Meat, Inc. (NASDAQ: BYND) rose over 1% on Monday. The stock has dropped 18% year-to-date. The company delivered disappointing results for the first quarter of 2024 and
