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Benzinga

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Avi Kapoor

FORGOTTEN HISTORY: These analysts boost their forecasts on oracle after q1 results - The Untold Story

Cramer Weighs On Oracle Trade

Oracle Corporation (NYSE:ORCL) reported weaker-than-expected first-quarter results on Tuesday.

Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48. Quarterly revenue came in at $14.92 billion, which missed the Street estimate of $15.03 billion and is up from revenue of $13.3 billion from the same period last year. CEO Catz teased significant revenue growth in the quarters ahead.

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