Netsuite Cloud News Today

Oracle reported fourth-quarter revenue of $14.3 billion, missing the consensus estimate of $14.554 billion, according to Benzinga Pro.

A strong set of Q3 numbers from Oracle, with OCI demand emerging as the highlight.

Oracle's third-quarter revenue increased 7% year-over-year to $13.3 billion, which missed the consensus estimate of $13.306 billion, according to Benzinga Pro. The company reported quarterly earnings of $1.41 per share, which beat average estimates of $1.38 per share.

Oracle's third-quarter revenue increased 7% year-over-year to $13.3 billion, which missed the consensus estimate of $13.306 billion, according to Benzinga Pro. The company reported quarterly earnings of $1.41 per share, which beat average estimates of $1.38 per share.

Oracle Corp (NYSE: ORCL) stock is trading lower Tuesday following its mixed second-quarter results.

Oracle's stock slides as revenue and guidance come up short - SiliconANGLE

The Oracle ORCL fiscal 2024 2Q earnings call features CEO Safra Catz and CTO Larry Ellison explaining that a cloud revenue miss was not due to a lack of demand.

Oracle (NYSE:ORCL) is an interesting story for more reasons than 1 and 1 of those reasons is its position within the reporting cycle.

Excluding acquisitions, Oracle's revenue is growing slowly, even with a booming cloud business.

Oracle (NYSE: ORCL) shares rose about 4% during after-hours trading Monday following the report of fiscal second-quarter earnings that topped analysts' expectations.