Software giant Oracle Corporation (NYSE: ORCL) reported a 28% growth in fourth-quarter earnings, aided by an increase in revenues. The results also topped Wall Street’s prediction.
At $11.2 billion, revenues were up 8% year-over-year in the final three months of fiscal 2021. The top-line also surpassed the market’s projection.
Adjusted earnings moved up to $1.54 per share from $1.20 per share in the fourth quarter of 2020 and topped the Street view. Net income, including one-off items, was $4.0 billion or $1.37 per share, compared to $3.1 billion or $0.99 per share last year.
Read management/analysts’ comments on Oracle’s Q4 results
Oracle’s shares climbed to an all-time high earlier this month, maintaining the recent uptrend. The stock closed Tuesday’s regular trading lower and continued to decline during the extended session.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
