Oracle (ORCL) earnings Q1 2023


Oracle CEO Safra Catz speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, on June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from every corner of the nation and other parties working to facilitate foreign direct investment (FDI) in the United States.

Eric Thayer | Bloomberg | Getty Images

Oracle reported revenue that met expectations on Monday, while earnings and quarterly guidance came in below analysts’ estimates.

Revenue climbed 18% in the quarter from a year earlier, thanks to a contribution from recently acquired software maker Cerner.

Here’s how the company did:

  • Earnings: $1.03 per…

Source cnbc.com

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