Oracle Corporation (ORCL)
4 Key Takeaways From Oracle's Earnings Call
After Oracle (ORCL) reported fiscal fourth-quarter earnings that missed estimates and announced large cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google Cloud, company executives joined the company's earnings call Tuesday to discuss the new partnerships, how artificial intelligence (AI) could drive growth for Oracle, and more.
Oracle Corporation (ORCL) Q4 2024 Earnings Call Transcript
Oracle Corporation (NYSE:ORCL ) Q4 2024 Earnings Conference Call June 11, 2024 5:00 PM ET Company Participants Ken Bond - SVP, IR Larry Ellison - Chairman and CTO Safra Catz - CEO Conference Call Participants Raimo Lenschow - Barclays Brad Zelnick - Deutsche Bank Siti Panigrahi - Mizuho Securities Alex Zukin - Wolfe Research Kirk Materne - Evercore ISI John DiFucci - Guggenheim Securities Operator Thank you. Good day, everyone, and welcome to Oracle's Fourth Quarter 2024 Earnings Call.
Compared to Estimates, Oracle (ORCL) Q4 Earnings: A Look at Key Metrics
The headline numbers for Oracle (ORCL) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Oracle (ORCL) Q4 Earnings and Revenues Lag Estimates
Oracle (ORCL) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.67 per share a year ago.
Oracle Stock Surges on Deals With Microsoft, OpenAI, and Google, Despite Earnings Miss
Oracle (ORCL) reported fourth-quarter revenue and earnings that missed analysts' estimates, but announced large cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google Cloud for artificial intelligence (AI) data centers, sending Oracle shares up over 9% in extended trading Tuesday.
Oracle Stock Jumps 9% On Results, AI News (Live Coverage)
Oracle stock jumped late Tuesday on upbeat guidance and new cloud partnerships with OpenAI and Google. (IBD Live Coverage)
Oracle surges on mega-partnerships with Google, Microsoft, and OpenAI despite 4Q miss
Oracle Corp (NYSE:ORCL, ETR:ORC) shares flew higher afterhours Tuesday as the company disclosed new partnerships with Google, Microsoft and OpenAI. Despite a fiscal 4Q earnings miss, Oracle's shares surged following the announcement, buoyed by significant deals with the tech giants.
Oracle's stock soars as upbeat guidance, Google deal outweigh earnings miss
Oracle Corp. shares were shooting more than 9% higher in Tuesday's extended session after the company delivered upbeat guidance that seemed to overshadow an earnings miss for the latest quarter.
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle's results came in a bit light, but it pointed to new business from Microsoft-backed OpenAI. The company will issue guidance on a conference call.
Oracle Q4 earnings: ‘continued strong AI demand to push $ORCL sales'
Oracle Inc is up 10% in extended hours even though it came in below revenue estimates for its fiscal fourth quarter. Why is Oracle stock up in after-hours?
Oracle misses quarterly revenue estimates
Oracle missed Wall Street expectations for fourth-quarter revenue on Tuesday, hurt by weaker client spending on its cloud services amid stiff competition and an uncertain economy.
How To Earn $500 A Month From Oracle Stock Ahead Of Q4 Earnings
Oracle Corporation ORCL will release earnings results for its fourth quarter, after the closing bell on Tuesday.
