Oracle Stock Is Dropping. Earnings Topped Views, but Revenue Disappointed.



Oracle


stock is falling after the software company posted slightly worse-than-expected revenue results for its latest quarter.

“Our strong quarterly earnings growth was driven by 48% constant currency growth for the total revenue of our two cloud businesses, infrastructure and applications,” Oracle (ticker: ORCL) CEO Safra Catz said in the release.

Source: https://www.barrons.com/articles/oracle-stock-earnings-fe74a535?siteid=yhoof2&yptr=yahoo