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Notizie economiche
10.12.2024
Company news: Oracle’s quarterly results (ORCL) miss analysts’ forecasts
Oracle (ORCL) reported Q2 FY2025 earnings of $1.47 per share (versus $1.34 per share in Q2 FY2024), slightly missing analysts’ consensus estimate of $1.48 per share.
The company’s quarterly revenues amounted to $14.059 bln (+8.6% y/y), slightly missing analysts’ consensus estimate of $14.118 bln.
The company issued downside guidance for Q3 FY2025, seeing EPS of $1.50-1.54 versus analysts’ consensus estimate of $1.57 and revenues growing +7-9% y/y, which can be computed as $14.21-14.48 bln versus analysts’ consensus estimate of $14.64 bln.
ORCL fell to $174.36 (-8.45%) in pre-market trading.
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