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 […]

June 13, 2022 1 min read

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 […]

Software giant Oracle Corporation (NYSE: ORCL) reported a 5% increase in fourth-quarter revenues. Earnings were flat and topped Wall Street’s prediction.

Oracle Q4 2022 earnings infographic

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.