Oracle Corp. (ORCL) revealed earnings for its third quarter that Increases, from the same period last year
The company's earnings came in at $3.69 billion, or $1.27 per share. This compares with $2.93 billion, or $1.02 per share, last year.
Excluding items, Oracle Corp. reported adjusted earnings of $5.20 billion or $1.79 per share for the period.
The company's revenue for the period rose 21.7% to $17.19 billion from $14.13 billion last year.
Oracle Corp. earnings at a glance (GAAP) :
-Earnings: $3.69 Bln. vs. $2.93 Bln. last year.-EPS: $1.27 vs. $1.02 last year.-Revenue: $17.19 Bln vs. $14.13 Bln last year.
-Guidance:Next quarter EPS guidance: $ 1.96 To $ 2.00Next quarter revenue guidance: 19 % To 21 %Full year revenue guidance: $ 67 B
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.