Oracle stock earnings

We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Oracle stock earnings of Service.

Top Analyst Stocks Popular. Bitcoin Popular. Gold New. Unusual Options Activity Popular. Research Tools.

Oracle stock earnings

Here's how the company did, compared with consensus estimates from LSEG, formerly known as Refinitiv:. The Musk company wanted considerably more AI chips than Oracle could supply, Oracle co-founder Larry Ellison said on a conference call with analysts. Nvidia's graphics processing units have been in short supply across the board, and the chipmaker has been working to address the shortage. The company had to choose between building something small and recognizing revenue in the quarter, or going ahead with a larger buildout and waiting for capacity to become available, she said. During the quarter, Oracle said it had picked up cloud business from larger rival Microsoft and announced that its database software will be available on Microsoft's Azure public cloud. The company will turn on 20 data centers connected with Azure in the next few months, Oracle co-founder Larry Ellison said in the statement. Also in the quarter, Oracle's NetSuite division bought Australian company Next Technik, which makes field service software, for undisclosed terms. Skip Navigation. Investing Club. Key Points. Oracle's revenue came up short in three operating segments. The stock tumbled in after-hours trading. In this article.

Compare ETFs. Industry: Computer - Software.

.

The last reported earnings were for reported on March 11, for Q3. My Account My Account. Benzinga Research. Log In. Our Services.

Oracle stock earnings

Here's how the company did, compared with consensus estimates from LSEG, formerly known as Refinitiv:. The Musk company wanted considerably more AI chips than Oracle could supply, Oracle co-founder Larry Ellison said on a conference call with analysts. Nvidia's graphics processing units have been in short supply across the board, and the chipmaker has been working to address the shortage. The company had to choose between building something small and recognizing revenue in the quarter, or going ahead with a larger buildout and waiting for capacity to become available, she said. During the quarter, Oracle said it had picked up cloud business from larger rival Microsoft and announced that its database software will be available on Microsoft's Azure public cloud. The company will turn on 20 data centers connected with Azure in the next few months, Oracle co-founder Larry Ellison said in the statement. Also in the quarter, Oracle's NetSuite division bought Australian company Next Technik, which makes field service software, for undisclosed terms.

Spiceworks company

More Research. The table shows recent earnings report dates and whether the forecast was beat or missed. Top Analyst Stocks Popular. Investing Club. My Portfolio. Most Visited Websites. Currency Center. Learn more about Zacks Equity Research reports. Stock Buybacks. Industry Rank: More Info. Top Stocks. View All Zacks 1 Ranked Stocks.

Despite macro uncertainty, the company is witnessing unprecedented demand for its cloud services, especially its artificial intelligence AI services, which are expected to support Fiscal Q1 revenues and boost earnings. The company highlighted during the Fiscal Q4 conference call that its cloud data centers have a high-bandwidth and low-latency Remote Direct Memory Access RDMA network, which is best suited for building the large-scale graphics processing unit GPU clusters used to train generative large-language models.

Dollar Cost Averaging New. Find out before anyone else which stock is going to shoot up. TipRanks Community. Dividends Dividend Center. Dividend Yield Calculator. Compound Interest Calculator New. Zacks Premium - The only way to fully access the Zacks Rank. ETF Screener Popular. Earnings History. Inflation Rate Unemployment Rate. Stock Screener. If you wish to go to ZacksTrade, click OK. Get actionable alerts from top Wall Street Analysts.