Oracle Stumbles As Seasonally Strong Q4 Misses

By | June 19, 2014

Scalper1 News

Oracle took a step back in what is usually a strong fiscal Q4, as EPS and sales missed views amid flat software license revenue and decelerating hardware growth. The business software giant’s results late Thursday sent its stock falling more than 5% after hours. Oracle stock is up 11% for the year. The company’s EPS forecast for the current quarter was in line, but revenue was light. Oracle’s (ORCL) Q4 stumble included flat year-over-year growth Scalper1 News

Scalper1 News