Oracle reports Q2 revenue of $9.56B, vs. $9.52B est., net profit of $2.3B, up 5% YoY, and cloud services revenue of $6.64B, up 3% YoY; stock up 5%+ after hours (Maria Armental/Wall Street Journal)
Oracle reports Q2 revenue of $9.56B, vs. $9.52B est., net profit of $2.3B, up 5% YoY, and cloud services revenue of $6.64B, up 3% YoY; stock up 5%+ after hours — Company has used its cash pile to raise stock buybacks — Oracle Corp. ORCL -1.87% reported flat revenue for its latest quarter …
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Oracle reports Q2 revenue of $9.56B, vs. $9.52B est., net profit of $2.3B, up 5% YoY, and cloud services revenue of $6.64B, up 3% YoY; stock up 5%+ after hours (Maria Armental/Wall Street Journal)
![Oracle reports Q2 revenue of $9.56B, vs. $9.52B est., net profit of $2.3B, up 5% YoY, and cloud services revenue of $6.64B, up 3% YoY; stock up 5%+ after hours (Maria Armental/Wall Street Journal)]()
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December 18, 2018
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