Categories AlphaGraphs, Earnings, Technology
ORCL Earnings: Oracle Q4 profit beats estimates; revenues up 5%
Software giant Oracle Corporation (NYSE: ORCL) reported a 5% increase in fourth-quarter revenues. Earnings were flat and topped Wall Street’s prediction.
At $11.84 billion, revenues were up 5% year-over-year in the final three months of fiscal 2022. The top line also exceeded the market’s projection.
Adjusted earnings was unchanged year-over-year at $1.54 per share in the most recent quarter, but came in above the Street view. Net income, including one-off items, was $3.19 billion or $1.16 per share, compared to $4.03 billion or $1.37 per share last year.
Read management/analysts’ comments on Oracle’s Q4 results
Oracle’s shares closed Monday’s regular trading lower but made strong gains during the extended session soon after the earnings announcement.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the