Oracle (ORCL) earnings Q2 2023


Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016.

David Paul Morris | Bloomberg | Getty Images

Oracle shares rose as much as 4% in extended trading on Monday after the software company reported results for the fiscal second quarter that topped analysts’ estimates. But it provided a lighter earnings forecast than analysts had predicted.

Here’s how the company did:

  • Earnings: $1.21 per share, adjusted, vs. $1.18 per share as expected by analysts, according to Refinitiv.
  • Revenue: $12.28 billion, vs. $12.05 billion as expected by analysts, according to Refinitiv.

With respect to guidance, Oracle CEO Safra…

Source cnbc.com

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