After Wednesday's closing bell, Oracle Corporation ORCL reported first-quarter earnings of 81 cents per share, which met the analyst consensus estimate. This is a 14.08% increase over earnings of 71 cents per share from the same period last year.
The company reported first-quarter sales of $9.218 billion, which missed the analyst consensus estimate of $9.29 billion by 0.78%. This is a 0.18% increase over sales of $9.201 billion the same period last year.
The company added $15 billion to its buyback.
Oracle also announced CEO Mark Hurd will take a medical leave of absence.
Oracle shares fell 2.3% in Wednesday's after-hours session. The stock closed higher by 1.5% at $56.29 per share.
Related Links:
Oracle Loses Legal Appeal Over $10B Government Cloud Contract
JEDI Masters: Amazon, Microsoft Battle To Build Pentagon's 'War Cloud'
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
