Oracle (ORCL) Earnings Crushes Shares

Oracle (ORCL) shares are down $1.74, or more than 4%, at $40.77, less extreme than yesterday’s 9% AH drop following the company’s Q4 earnings report that fell short of Wall Street forecasts. Oracle saw fourth-quarter sales rise 3% year-over-year, to $11.3 billion. But profit fell 4% to $3.6 billion. Non-GAAP earnings increased 6%, to $0.92 […] View the full post at: Oracle (ORCL) Earnings Crushes Shares Related posts: Senate Vote Hurts Lockheed Martin Shares After-Hours Earnings (April 15) After-Hours and Pre-Market Earnings (Sept.16)