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ORCL - Oracle Corporation - Page 7
Oracle unveils cloud platform
Ellison touts system in which data is secured and ‘not commingled’
I love this stock! Its a great company to have in ones portfolio!!
For the period ended May 31, Oracle reported net income of $3.5 billion, or 69 cents per share, compared with net income of $3.2 billion or 62 cents per share for the same period the previous year.
Earnings on a non-GAAP basis were $4.1 billion, or 82 cents per share.
Oracle Inc.’s better-than-expected results for its second fiscal quarter on Tuesday were a nice holiday surprise for investors, along with a forecast that its hardware business will “turn the corner” next quarter.
After hours up 2% - New 52-week high!!