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Shares of Oracle (NYSE:ORCL) fell 1.65% after the company reported Q2 results.
Quarterly Results
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Earnings per share increased 17.78% over the past year to $1.06, which beat the estimate of $1.00.
Revenue of $9,800,000,000 up by 1.92% year over year, which beat the estimate of $9,790,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Oracle hasn't issued any revenue guidance for the time being.
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Date: Dec 10, 2020
Time: 05:00 PM
Technicals
Company's 52-week high was at $62.60
52-week low: $39.71
Price action over last quarter: Up 4.61%
Company Profile
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.