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Notizie economiche
10.09.2024
Company news: Oracle’s (ORCL) quarterly results beat analysts’ forecasts
Oracle (ORCL) reported Q1 FY2025 earnings of $1.39 per share (versus $1.19 per share in Q1 FY2024), beating analysts’ consensus estimate of $1.33 per share.
The company’s quarterly revenues amounted to $13.307 bln (+6.9% y/y), slightly beating analysts’ consensus estimate of $13.233 bln.
The company also issued in-line guidance for Q2 FY2025, seeing EPS of $1.45-1.49 versus analysts’ consensus estimate of $1.48 and revenue growing 8-10% y/y, which could be computed as $13.98-14.24 bln versus analysts’ consensus estimate of $14.05 bln.
ORCL rose to $152.46 (+8.99%) in pre-market trading.
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