Oracle's shares sank over 8% on Tuesday in premarket trading after its quarterly revenue fell short of expectations, hindered by fierce competition among database and cloud services providers.
Oracle (ORCL) shares slumped in extended trading on Monday after the company reported fiscal second quarter adjusted earnings below Wall Street expectations and issued weak guidance amid increasing competition among cloud services providers.
Oracle Corporation (NYSE:ORCL ) Q2 2025 Earnings Conference Call December 9, 2024 5:00 PM ET Company Participants Ken Bond - Head, IR Safra Catz - CEO Lawrence Ellison - Chairman and CTO Conference Call Participants Mark Moerdler - Bernstein Siti Panigrahi - Mizuho Brad Zelnick - Deutsche Bank Raimo Lenschow - Barclays Kirk Materne - Evercore ISI John DiFucci - Guggenheim Securities Operator Thank you for standing by, and welcome to the Oracle Corporation Second Quarter Fiscal Year 2025 Earnings Conference Call. [Operator Instructions] Thank you.
Oracle (ORCL) stock falls in after hours trading after the software and cloud company reported second quarter earnings that just missed Wall Street's expectations. Wolfe Research managing director and head of software research Alex Zukin joins Market Domination Overtime Hosts Julie Hyman and Josh Lipton to examine the print and stock reaction.
The Dow, S&P 500, Nasdaq and Russell 2000 all cooled around -0.6% on the initial trading day of the week.
The headline numbers for Oracle (ORCL) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Oracle (ORCL) came out with quarterly earnings of $1.47 per share, missing the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.34 per share a year ago.
Software and cloud company Oracle (ORCL) released fiscal second quarter earnings after Monday's market close, falling just shy of both expectations on the top and bottom lines. Oracle reported revenue of $14.06 billion — below estimates of $14.12 billion — while adjusted earnings came out to $1.47 per share — also short of consensus estimates of $1.48.
Oracle (ORCL) reported fiscal second-quarter revenue that missed analysts' expectations, sending shares lower in extended trading Monday.
Brent Thill, Jefferies, joins 'Closing Bell Overtime' to talk Oracle earnings.
The latest earnings reports for Oracle (ORCL) and MongoDB (MDB) present a mixed picture for cloud software stocks. Nicole Petallides, Kevin Green and Oliver Renick take a closer look into Oracle's double miss and MongoDB's explosive pop to the upside.
Given the big run-up in Oracle shares this year, roughly in-line results don't seem to be enough for Wall Street.