ORCL Drops 6%: FYQ3 Rev, EPS Miss; License Rev Drops 2%
Software titan Oracle (ORCL) this afternoon reported fiscal Q3 revenue and profit per share that missed analysts’ estimates. Revenue in the three months ended in February rose to $8.96 billion, yielding EPS of 65 cents. Analysts had been modeling $9.37 billion and 66 cents. Earnings were reduced by a penny per share by the strengthening [...]
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