logo
Plus   Neg
Share
Email

Oracle Corp. Q4 adjusted earnings Beat Estimates

Oracle Corp. (ORCL) announced earnings for fourth quarter that fell from the same period last year.

The company's earnings came in at $3.12 billion, or $0.99 per share. This compares with $3.74 billion, or $1.07 per share, in last year's fourth quarter.

Excluding items, Oracle Corp. reported adjusted earnings of $3.78 billion or $1.20 per share for the period.

Analysts had expected the company to earn $1.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.3% to $10.44 billion from $11.14 billion last year.

Oracle Corp. earnings at a glance:

-Earnings (Q4): $3.78 Bln. vs. $4.07 Bln. last year.
-EPS (Q4): $1.20 vs. $1.16 last year.
-Analysts Estimate: $1.16
-Revenue (Q4): $10.44 Bln vs. $11.14 Bln last year.

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT