Company News: Oracle (ORCL) quarterly earnings beat analysts’ expectations

Market news

14 September 2021

Company News: Oracle (ORCL) quarterly earnings beat analysts’ expectations

Oracle (ORCL) reported Q1 FY 2022 earnings of $1.03 per share (versus $0.93 per share in Q1 FY 2021), beating analysts’ consensus estimate of $0.97 per share.

The company’s quarterly revenues amounted to $9.728 bln (+3.8% y/y), roughly in line with analysts’ consensus estimate of $9.774 bln.

ORCL fell to $86.80 (-2.35%) in pre-market trading.

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