Oracle Corporation (ORCL)
Watch These Oracle Price Levels as Stock Jumps on Strong Earnings, Amazon Partnership
Oracle (ORCL) shares surged more than 9% in extended trading on Monday after the enterprise software company posted better-than-expected fiscal first quarter results and announced a multicloud partnership with Amazon's (AMZN) cloud business, Amazon Web Services.
Oracle Q1: On-Premise Offerings Remain A Concern Despite Oracle Database@AWS Launch
I reiterate a 'Sell' rating for Oracle, citing concerns over its legacy business despite positive cloud and AI growth, with a fair value of $125 per share. Oracle's partnership with Amazon's AWS is promising, facilitating easier migration and integration for customers, but Oracle is still late to the cloud database market. Oracle's cloud services show strong growth, but hardware, on-premise licenses, and services are declining, impacting overall revenue and growth prospects.
Oracle Corporation (ORCL) Q1 2025 Earnings Call Transcript
Oracle Corporation (NYSE:ORCL ) Q1 2025 Earnings Conference Call September 9, 2024 5:00 PM ET Company Participants Ken Bond - SVP, IR Safra Catz - CEO Lawrence Ellison - Chairman and CTO Conference Call Participants John DiFucci - Guggenheim Securities Mark Murphy - JPMorgan Raimo Lenschow - Barclays Mark Moerdler - Bernstein Derrick Wood - TD Cowen Brad Zelnick - Deutsche Bank Operator Hello, and welcome to the Oracle Corporation Q1 Fiscal Year 2025 Earnings Call. All lines have been placed on mute to prevent any background noise.
Markets Start New Trading Week in the Green; ORCL Beats in Q1
Monday, September 9th, 2024 Market indexes spent the full trading session in the green to start a new week on Wall Street. All were off intra-day highs, but only the small-cap Russell 2000 trailed off in the final half-hour of trading or so.
Oracle (ORCL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Oracle (ORCL) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Oracle (ORCL) Q1 Earnings and Revenues Surpass Estimates
Oracle (ORCL) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.19 per share a year ago.
With new Amazon Web Services partnership, Oracle's cloud database trade-off is complete
Oracle announced a strategic partnership with Amazon Web Services on Monday afternoon that will further integrate its database offerings and cloud infrastructure with the Seattle tech giant's cloud platform.
AI-Fueled Earnings Growth and an Amazon Deal Have Oracle Stock Soaring
Oracle (ORCL) shares jumped in extended trading Monday after the software giant reported fiscal first-quarter results that topped analysts' expectations and announced a new partnership with Amazon (AMZN).
Oracle: EPS Soars 20%, Revenue Up 7%
GAAP EPS increased 20% year-over-year to $1.03. Total revenue grew by 7% to $13.3 billion.
Oracle partners with AWS for Database@AWS, reports strong Q1 results
Oracle Corp (NYSE:ORCL, ETR:ORC) shares were up in afterhours trading after announcing a new collaboration with Amazon Web Services and strong Q1 results. Oracle Database@AWS is a new solution allowing customers to access Oracle's Autonomous Database and Exadata Database Service on AWS infrastructure for streamlined database administration, billing, and customer support.
Oracle's stock gains as company improves its earnings profile
Oracle is the latest software company to show profit progress in its financial results — and see its stock get rewarded.
Oracle reports better-than-expected quarterly results; shares rise
Oracle beat on the top and bottom line for the fiscal first quarter in its report on Monday. The stock rose in extended trading.
