Monday, December 19, 2016

Oracle Corp. (ORCL) Pulled Back After Q1 Revenues Missed Estimates

Oracle Corp. (ORCL) reported first quarter adjusted EPS of $0.61 after the bell Thursday, down from $0.63 in the prior year. Street expectations were for EPS of $0.60. Revenues rose 1 percent to $9.04 billion from $8.99 billion last year. Analysts expected revenues of $9.12 billion.

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