Software giant Oracle Corporation (NYSE: ORCL) on Tuesday reported a decrease in net income, on an adjusted basis, for the fourth quarter of 2024.
May-quarter revenues totaled $14.3 billion, compared to $13.84 billion in the same period last year. Earnings, excluding special items, were $1.63 per share in the fourth quarter, compared to $1.67 per share in the prior-year period.
On an unadjusted basis, the tech firm reported a net income of $3.14 billion or $1.11 per share for the fourth quarter, compared to $3.32 billion or $1.19 per share in the corresponding period of 2023.
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
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
BLK Q4 Preview: BlackRock appears poised for another earnings beat
BlackRock, Inc. (NYSE: BLK), the largest asset management company, is set to publish its fourth-quarter 2025 results next week. The update is expected to shed light on how the firm’s
A look at Best Buy’s (BBY) progress on its growth strategy
Shares of Best Buy Co., Inc. (NYSE: BBY) fell over 3% on Wednesday. The stock has dropped 17% over the past 12 months. The consumer electronics retailer delivered sales and
