Nyse:orcl financials

Oracle ORCL reported its third-quarter earnings, coming just in line with revenue estimates christine brown beating adjusted earnings per share EPS expectations. Meeks describes the earnings report as "incrementally positive" for the stock, acknowledging that following their previous quarterly earnings, estimates were revised downward significantly. Despite beating EPS estimates, nyse:orcl financials, Meeks says that "it was a very low bar" to surpass, implying that the achievement was not nyse:orcl financials impressive. While Oracle's investments and capabilities in artificial intelligence AI may drive some growth, Meeks believes the company's legacy business will "continue to dampen the overall growth rate," limiting its upside nyse:orcl financials.

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Nyse:orcl financials

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Oracle Corp. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. Oates on June 16, and is headquartered in Austin, TX. EN Get started. Market closed Market closed. No trades.

Nyse:orcl financials

While good news for shareholders, the company has traded much higher in the past year. But what if there is still an opportunity to buy? See our latest analysis for Oracle. Good news, investors! Oracle is still a bargain right now. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? Since ORCL is currently undervalued, it may be a great time to increase your holdings in the stock.

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