Earnings

Oracle (ORCL) earnings Q4 2020

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Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19.

Justin Sullivan | Getty Images

Oracle shares fell as much as 5% in extended trading on Tuesday after the company reported fiscal fourth-quarter results that missed analysts’ revenue estimates. Revenue was down 6% from a year ago in the quarter, which ended on May 31, according to a statement.

Here’s how the company did: 

  • Earnings: $1.20 per share, adjusted
  • Revenue: $10.44 billion

The company had said in March that it…



Source cnbc.com

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