UPDATE 1-Oracle quarterly profit beats estimates; shares rise [Reuters]
Oracle Corporation (ORCL)
Last oracle corporation earnings: 3/12 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.oracle.com/events-and-presentations/default.aspx
Company Research
Source: Reuters
Oracle quarterly profit beats estimates; shares rise - Reuters 2 Min Read (Reuters) - Oracle Corp beat fourth-quarter revenue and profit estimates on Wednesday, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses, sending its shares up as much as 7% in extended trading. Revenue from its cloud license and on-premise license businesses rose 12% to $2.52 billion from $2.25 billion, above analysts’ estimates of $2.31 billion, according to IBES data from Refinitiv. Revenue from the cloud services and license support business, its biggest, rose marginally to $6.80 billion. Analysts on average had expected revenue of $6.79 billion. “Our high-margin Fusion and NetSuite cloud applications businesses are growing rapidly, while we downsize our low-margin legacy hardware business,” said Chief Executive Officer Safra Catz. The company’s net income rose to $3.74 billion, or $1.07 per share, in the fourth quarter ended May 31, fro
Show less
Read more
Impact Snapshot
Event Time:
ORCL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ORCL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ORCL alerts
High impacting Oracle Corporation news events
Weekly update
A roundup of the hottest topics
ORCL
News
- Should You Think About Buying Oracle Corporation (NYSE:ORCL) Now? [Yahoo! Finance]Yahoo! Finance
- Oracle Co. (NYSE: ORCL) was downgraded by analysts at Monness Crespi & Hardt from a "neutral" rating to a "sell" rating. They now have a $130.00 price target on the stock.MarketBeat
- How fighting affordable housing nearly bankrupted one of America's richest towns [Los Angeles Times (CA)]Los Angeles Times
- Storable Marine Division Accelerates Enterprise Innovation, Earns Industry RecognitionPR Web
- GTT Announces Access to Oracle Cloud Infrastructure via FastConnect [Yahoo! Finance]Yahoo! Finance
ORCL
Earnings
- 12/9/24 - Beat
ORCL
Sec Filings
- 12/10/24 - Form 10-Q
- 12/9/24 - Form 4
- 12/9/24 - Form 8-K
- ORCL's page on the SEC website