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Oracle sees Q3 EPS $1.23-$1.27, consensus $1.24
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Oracle sees Q3 EPS $1.23-$1.27, consensus $1.24

Sees Q3 revenue up 21%-23%, consensus $12.34B. Sees Q3 total cloud growth 46%-50%. Says continues to experience clear momentum. Says no longer operates in Russia. Says gross margin will continue to improve. Says continues to integrate Cerner. Says this year will be trough year for operating percentage. Says at quarter end had $7.4B in cash and marketable securities. Comments and guidance taken from Q2 earnings conference call.

Published first on TheFly

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