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Oracle reported $14.06 billion in second-quarter revenue, a 9% increase from a year earlier, but below analysts' average estimate of $14.11 billion, as per data compiled by LSEG.
Oracle's second-quarter revenue reached $14.06 billion, marking a 9% increase from the previous year, but below Wall Street estimates of $14.11 billion, as per data compiled by LSEG.
Oracle (ORCL) delivered earnings and revenue surprises of 9.01% and 1.46%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 by Larry Ellison, who remains executive chairman, Oracle ranked as the third-largest software company in the world by revenue and market capitalization as of 2020, [6] and the company's seat in Forbes Global 2000 was 80 in 2023.
This is a list of software and information technology companies that are in the Fortune 500 list of the largest U.S. companies by revenue in the year of 2024. Company Type
Hyperion Solutions Corporation was a software company located in Santa Clara, California, which was acquired by Oracle Corporation in 2007. Many of its products were targeted at the business intelligence (BI) and business performance management markets, and as of 2013 were developed and sold as Oracle Hyperion products.
Oracle forecast fiscal second-quarter revenue to rise by 8% to 10%, with cloud revenue growing in a range of 24% to 26%. Adjusted EPS is expected to grow between 8% and 12%.
Oracle: 49.9 2023 344.9 Austin, Texas, US 4 Salesforce: 34.9 2023 234.6 San Francisco, California, US 5 SAP: 33.8 2023 223.4 Walldorf, Germany 6 Adobe: 19.4 2023 208.5 San Jose, California, US 7 Intuit: 14.4 2023 160.4 Palo Alto, California, US 8 IBM: 61.9 2023 156.3 Armonk, New York, US 9 ServiceNow: 8.9 2023 143.3 Santa Clara, California, US ...