Categories AlphaGraphs, Earnings, Technology
Oracle (ORCL) Q2 2024 earnings beat estimates; revenue up 5%
Software giant Oracle Corporation (NYSE: ORCL) reported higher net income, on an adjusted basis, and revenues for the second quarter of 2024. Earnings also came in above Wall Street’s forecast.
November-quarter revenues totaled $12.9 billion, compared to $12.3 billion in the corresponding period of 2023. Analysts were looking for a bigger amount for the latest quarter. Earnings, excluding special items, was $1.34 per share in the second quarter, compared to $1.21 per share in the prior-year period. Earnings topped expectations.
On an unadjusted basis, the tech firm reported net income of $2.50 billion or $0.89 per share for Q2, compared to $1.74 billion or $0.63 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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
