Summary Box: Oracle's fiscal 2Q showing casts pall (AP)

Admin

Administrator
Staff member
AP - DISAPPOINTING PERFORMANCE: Oracle's earnings and revenue for its latest quarter fell well below analyst estimates. In a telltale sign of weakness, the company's sales of new licenses for its business software edged up just 2 percent from the same time last year. Analysts had projected a double-digit gain.

More...
 
Top