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Safra Catz, then co-chief executive officer of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Sept. 20, 2016.
David Paul Morris | Bloomberg | Getty Images
Oracle shares rose almost 9% in extended trading on Monday after the database software company issued fiscal fourth-quarter results that exceeded analysts’ estimates.
Here’s how the company did:
- Earnings: $1.54 per share, adjusted, vs. $1.37 as expected by analysts, according to Refinitiv.
- Revenue: $11.84 billion, vs. $11.66 billion as expected by analysts, according to Refinitiv.
Revenue increased 5% from a year earlier, driven by growth in the company’s cloud infrastructure business, which competes with
Source cnbc.com
