Shares of Oracle ORCL fell 1.65% after the company reported Q2 results.
Quarterly Results
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.
How To Listen To The Conference Call
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.
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