AIThe Motley Fool2 days ago
Oracle Stock Falls Despite Record Quarter and Raise
1 min read
Oracle reported record fiscal Q4 revenue of $19.2 billion, up 21% year over year, and adjusted EPS of $2.11, beating analyst estimates. Cloud revenue hit a record $9.9 billion, with OCI growing 93%. Despite the beat and raise, the stock fell up to 10% in after-hours trading.
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