(C) Reuters. Oracle Earnings, Revenue Beat in Q3
Oracle announced earnings per share of $1.16 on revenue of $10.09B. Analysts polled by Investing.com anticipated EPS of $1.11 on revenue of $10.05B.
Oracle shares are up 11% from the beginning of the year, still down 2.08% from its 52 week high of $73.59 set on March 10. They are outperforming the S&P 500 which is up 3.81% from the start of the year.
Oracle’s report follows an earnings beat by NVIDIA on February 24, who reported EPS of $3.1 on revenue of $5B, compared to forecasts EPS of $2.81 on revenue of $4.82B.
Cisco had beat expectations on February 9 with second quarter EPS of $0.79 on revenue of $11.96B, compared to forecast for EPS of $0.7567 on revenue of $11.92B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Oracle Earnings, Revenue Beat in Q3
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.