Oracle Reports Q2 Earnings

Investing.com – Oracle (NYSE: ORCL) reported a second quarter EPS of $1.47, which is $0.01 below the analyst estimate of $1.48. The revenue for the quarter reached $14.1 billion, slightly missing the consensus estimate of $14.12 billion.

Oracle’s stock closed at $190.54, experiencing an 18.07% increase over the last 3 months and a significant 67.71% rise in the last 12 months.

In the past 90 days, Oracle witnessed 10 positive EPS revisions and 13 negative EPS revisions. Further details on Oracle’s stock price reactions to earnings can be found here.

As reported by InvestingPro, Oracle's Financial Health score is classified as "good performance".

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