Oracle Beats On Earnings But Is Short On Revenue

By | September 16, 2015

Scalper1 News

Oracle late Wednesday reported quarterly earnings that came in ahead of analyst projections, but revenue was off the mark, leaving some to wonder whether the database giant had truly righted the ship after several rocky quarters. The company said in its financial release after the closing bell that income for the quarter ending Aug. 31, ex items, was down 15% from a year earlier to 53 cents a share. It came in a penny ahead of forecasts from Scalper1 News

Scalper1 News