Categories AlphaGraphs, Earnings, Technology

Oracle (ORCL) Earnings: Q1 profit rises, tops Street view on strong revenue growth

Software giant Oracle Corporation (NYSE: ORCL) reported strong growth in the first-quarter profit and revenues. Earnings topped Wall Street’s prediction, while the top-line slightly missed.

Oracle Q1 2022 earnings infographic

At $9.7 billion, revenues were up 4% year-over-year in the first three months of fiscal 2022. But the top-line came in below the market’s projection.

Adjusted earnings moved up to $1.03 per share from $0.93 per share in the first quarter of 2021 and topped the Street view. Net income, including one-off items, was $2.5 billion or $0.86 per share, compared to $2.3 billion or $0.72 per share last year.


Read management/analysts’ comments on Oracle’s Q1 results


Oracle’s shares closed Monday’s regular trading lower and continued to decline during the extended session.

Prior Performance

  • Oracle Q4 2021 earnings infographic
  • Oracle Announces Fiscal 2021 Second Quarter Financial Results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

AAPL Earnings: Apple Q1 revenue up 11%; earnings beat Street view

Apple Inc. (NASDAQ: AAPL) on Thursday said its first-quarter sales and earnings increased, aided by stable demand for its popular smartphone brand iPhone and strength of the services business. The

INTC Stock: Intel set to gain from stable sales, capacity expansion this year

Intel Corporation (NASDAQ: INTC) has been on an aggressive expansion drive to strengthen its foothold in the semiconductor industry. The chipmaker's recent performance indicates it has effectively tackled competition through

Microsoft (MSFT) becomes a compelling buy after strong earnings, Activision deal

Microsoft Corp. (NASDAQ: MSFT) is one of the most innovative technology companies, constantly transforming the business to align with the rapidly changing digital economy. While aggressively participating in the digital

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top