tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on ORCL:

Disclaimer & DisclosureReport an Issue

1