Oracle Slips on Q2 Earnings & Sales Miss: Time to Sell the Stock?
ORCLOracle(ORCL) ZACKS·2024-12-13 00:11

Oracle's (ORCL) second-quarter fiscal 2025 results paint a concerning picture for investors, with several key metrics falling short of market expectations. Revenues rose 9% (in USD and cc) year over year to $14.1 billion. The figure missed the Zacks Consensus Estimate by 0.46%, disappointing investors who have boosted the stock to a record high in recent weeks on enthusiasm for the company’s ascendant cloud business.  Shares of the company lost about 7% in extended trading after closing at $190.45. Non-GAAP ...