TSLA
Tesla
-- 436.170 NVDA
NVIDIA
-- 130.680 MU
Micron Technology
-- 87.090 QUBT
Quantum Computing
-- 15.140 AMD
Advanced Micro Devices
-- 118.880 Oracle Rises Some 8% After Hours on Fiscal Q1 Earnings and Revenue Beats
$Oracle (ORCL.US)$ rose some 8% Monday after the bell after the tech giant beat analyst estimates for its fiscal Q1 earnings and revenues, while also announcing a new product built with $Amazon (AMZN.US)$.
ORCL gained 8.2% to trade at $151.40 shortly after 4:30 p.m. ET after the firm said it earned $1.39 per share on a non-GAAP basis in the three months ended Aug. 31. That reportedly beat the $1.33 that analysts' consensus estimate had called for.
Similarly, revenues came in at $13.3 billion, exceeding the $13.24 billion analysts' consensus had reportedly forecast.
Meanwhile, ORCL also announced the launch of Oracle Database@AWS, a new product that will allow customers to access the Oracle Autonomous Database on dedicated infrastructure and the Oracle Exadata Database Service within the Amazon Web Services cloud.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Jerry Kronenberg
Director of Financial Content
Former top editor at Seeking Alpha, Fidelity.com, TheStreet.com and UPI.
634Followers
617Following
3384Visitors
Follow
103242247 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
104476495 : hi