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Oracle (NYSE: ORCL) reported its second quarter results that failed to impress the market. The weaker than expected performance and outlook sent the stock falling 9% in the after-hours trading session. Oracle's Financials Revenue for the first quarter grew 5% to $12.94 billion, below analyst estimates of $13.05 billion. Adjusted EPS of $1.34 was better than the market's forecast of $1.32. Oracle's revenue from cloud services and license support revenues grew 12% to $9.64 billion, ...

The stock of Oracle (ORCL) is down nearly 10% after the software company reported revenue that missed Wall Street forecasts. The company announced earnings per share (EPS) of $1.34 U.S. compared to $1.32 U.S. that had been expected. However, ...

Demand for Oracle cloud services is growing fast, but analysts had expected more overall revenue in the most recent quarter.

Demand for Oracle cloud services is growing fast, but analysts had expected more overall revenue in the most recent quarter.

Demand for Oracle cloud services is growing fast, but analysts had expected more overall revenue in the most recent quarter.

NetSuite has expanded its offering over a 25-year history to keep pace with the needs of small and mid-sized businesses for joined-up processes and data, and...

/PRNewswire/ -- SUITEWORLD 2023 -- Oracle has completed the acquisition of Next Technik, a leading provider of field service management solutions for NetSuite...

Announcements around generative AI, enterprise performance management, field service management and peer benchmarking in NetSuite mark the start of the...