financetom
Business
financetom
/
Business
/
Oracle Fiscal Q3 Non-GAAP Earnings, Revenue Increase -- Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oracle Fiscal Q3 Non-GAAP Earnings, Revenue Increase -- Shares Rise After Hours
Mar 11, 2024 2:01 PM

04:29 PM EDT, 03/11/2024 (MT Newswires) -- Oracle (ORCL) reported fiscal Q3 non-GAAP earnings late Monday of $1.41 per diluted share, up from $1.22 a year earlier.

Analysts polled by Capital IQ expected $1.38.

Revenue for the quarter ended Feb. 29 was $13.28 billion, up from $12.40 billion a year earlier.

Analysts surveyed by Capital IQ expected $13.29 billion.

The company kept the quarterly dividend at $0.40 per share, payable April 24 to shareholders of record on April 10.

The company's shares were rising past 6% in recent after-hours activity.

Price: 121.53, Change: +7.41, Percent Change: +6.49

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What's Going With KKR Shares Premarket On Friday?
What's Going With KKR Shares Premarket On Friday?
Oct 2, 2024
KKR & Co. Inc. ( KKR ) shares are trading lower premarket on Friday after the firm partnered with BBVA to advance decarbonization efforts. BBVA committed $200 million to KKR’s Global Climate Strategy, which focuses on large-scale investments that aid the transition to a low-carbon economy. Also Read: KKR Aims To Replicate European Private Equity Success: Report The partnership will...
China Evergrande's liquidators still in talks for stake sale in EV unit (Sept 26)
China Evergrande's liquidators still in talks for stake sale in EV unit (Sept 26)
Oct 2, 2024
Sept 26 (Reuters) - Liquidators of debt-laden China Evergrande ( EGRNF ) are still in talks with a potential buyer to sell a stake in the electric vehicle arm of the company with a view to provide a new credit line to support production. In its initial days, the electric vehicle (EV) maker aimed to take on Tesla and had...
Lifetime Brands' Shares up After Distribution Deal With Leerdam Crisal Glass
Lifetime Brands' Shares up After Distribution Deal With Leerdam Crisal Glass
Oct 2, 2024
09:05 AM EDT, 09/27/2024 (MT Newswires) -- Lifetime Brands ( LCUT ) shares were up more than 2% in recent premarket activity Friday after the company said its Mikasa Hospitality division has signed an agreement to distribute and market the Royal Leerdam and Onis brands, owned by Leerdam Crisal Glass. Financial terms of the deal were not disclosed. Lifetime said...
China Evergrande's liquidators still in talks for stake sale in EV unit
China Evergrande's liquidators still in talks for stake sale in EV unit
Oct 2, 2024
(Reuters) - (This Sept. 26 story has been corrected to remove the incorrect references to liquidators of China Evergrande New Energy Vehicle Group as they are related to parent company China Evergrande Group, in paragraphs 1 and 3) Liquidators of debt-laden China Evergrande are still in talks with a potential buyer to sell a stake in the electric vehicle arm...
Copyright 2023-2026 - www.financetom.com All Rights Reserved