Earnings

Oracle (ORCL) earnings report Q3 2024

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Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018.

David Paul Morris | Bloomberg | Getty Images

Oracle reported quarterly earnings on Monday that exceeded Wall Street’s expectations. Shares rose 13% in extended trading.

Here’s how the company did in the fiscal third quarter ending Feb. 29, compared to estimates by LSEG, formerly known as Refinitiv:

  • Earnings per share: $1.41 adjusted vs. $1.38 expected
  • Revenue: $13.28 billion vs. $13.3 billion expected

For the fiscal fourth quarter, Oracle said it expects earnings of $1.62 to $1.66 per share. Analysts were expecting $1.64 in adjusted earnings per…



Source cnbc.com

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