Oracle (NYSE:ORCL) Issues Quarterly Earnings Results
newscatcher
2023-03-12 11:33
Oracle (NYSE:ORCL) Issues Quarterly Earnings Results
Oracle ( NYSE:ORCL – Get Rating ) posted its earnings results on Thursday. The enterprise software provider reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.02, Briefing.com reports. The firm had revenue of $12.40 billion for the quarter, compared to analyst estimates of $12.42 billion. Oracle had a negative return on equity of 221.89% and a net margin of 17.46%. The company's revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.

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