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Oracle (ORCL) Q1 Earnings Match Estimates, Revenues Miss
Oracle Corporation ORCL reported first-quarter fiscal 2020 non-GAAP earnings of 81 cents per share, which matched the Zacks Consensus Estimate. However, non-GAAP revenues of $9.220 billion missed the Zacks Consensus Estimate of $9.289 billion.
Nonetheless, the bottom line improved 14.1% from the year-ago quarter (up 16% in constant currency). The top line also increased 0.2% year over year and 2% in cc, which was within management’s guidance of 1-3% in cc.
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Notably, for the fiscal second quarter, Oracle expects non-GAAP earnings per share to be 88-90 cents in cc (and 87-89 cents excluding currency impact). The Zacks Consensus Estimate for the same is pegged at 91 cents.
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https://finance.yahoo.com/news/oracle-or...01380.html
![[Bild: ORCLc1dl0449.png]](https://finviz.com/publish/091319/ORCLc1dl0449.png)
Oracle Corporation ORCL reported first-quarter fiscal 2020 non-GAAP earnings of 81 cents per share, which matched the Zacks Consensus Estimate. However, non-GAAP revenues of $9.220 billion missed the Zacks Consensus Estimate of $9.289 billion.
Nonetheless, the bottom line improved 14.1% from the year-ago quarter (up 16% in constant currency). The top line also increased 0.2% year over year and 2% in cc, which was within management’s guidance of 1-3% in cc.
...
Notably, for the fiscal second quarter, Oracle expects non-GAAP earnings per share to be 88-90 cents in cc (and 87-89 cents excluding currency impact). The Zacks Consensus Estimate for the same is pegged at 91 cents.
...
https://finance.yahoo.com/news/oracle-or...01380.html
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