Tech giant Oracle Corporation (NYSE: ORCL) is scheduled to report third-quarter 2023 earnings today at 4:05 p.m. ET, amid expectations for a mixed outcome.
Listen to Oracle’s Q3 2024 earnings call live and read the real-time transcript
Market watchers forecast earnings of $1.26 per share for Q3, compared to $1.22 per share in the prior-year quarter. It is estimated that third-quarter revenues decreased modestly to $12.16 billion. For the whole of fiscal 2024, the management targets capital spending of around $8 billion, with a large portion of that expected in the second half.
In the second quarter, earnings beat estimates for the fifth time in a row, while revenues missed. A double-digit revenue growth in the core cloud services division more than offset declines in the other segments, resulting in a 5% growth in Q2 revenues to about $13 billion. There was an 11% increase in adjusted earnings to $1.34 per share during the three months.
The South Korean telecommunications provider reported a significant increase in annual profit for 2025, supported…
Hasbro, Inc. (NASDAQ: HAS) reported its fourth quarter 2025 earnings results today. Revenues increased 31%…
Spotify ended 2025 on a strong note, reporting steady revenue growth and a sharp jump…
Jerash Holdings (US), Inc. (NASDAQ: JRSH) reported significantly improved financial results for the fiscal 2026…
Shares of Prospect Capital Corporation (PSEC) traded mixed to slightly positive in early trading on…
Waters Corporation (WAT) shares dropped 14.49% to $326.04 in early trading on Tuesday after the…