• 96
  • 67
  • 收藏

Oracle shares fell more than 4% in pre-market trading,as CEO expects to push more money to cloud efforts

Tiger Newspress2021-06-16

Oracle shares fell more than 4% in pre-market trading.

OracleORCL,-1.19%on Tuesday reported fourth-quarter earnings of $4.03 billion, or $1.37 a share, on sales of $11.23 billion, up from $10.44 billion a year ago. After adjusting for stock-based compensation and other effects, Oracle reported earnings of $1.54 a share, up from $1.20 a share last year. Analysts on average expected adjusted earnings of $1.31 a share on revenue of $11.02 billion.

For the full fiscal year, Oracle totaled $40.48 billion in sales, up 3.6% from its previous fiscal year. Oracle revenue had declined 1.1% and 0.8% in the past two years, respectively, and sales have declined four times in the past six years overall. The growth rate for the 2021 fiscal year is the second-best for Oracle since the end of the 2012 fiscal year.

Earnings also increased for the full year, though much of the gains in earnings per share are a result of massive share repurchases. Oracle repurchased $20.9 billion in stock as the COVID-19 pandemic raged in the past 12 months and has now spent more than $76 billion in the past three fiscal years purchasing its own stock.

For the new fiscal year, Chief Executive Safra Catz predicted that revenue growth will continue but said Oracle will begin funneling more cash into its cloud business. The software provider expects to push $4 billion into capital expenditures to increase its competition with Amazon.com Inc. ,Microsoft Corp. and others.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论67

  • 5t3v3
    ·2021-06-23
    👍👍👍
    回复
    举报
  • EdwardM42
    ·2021-06-23
    Hm
    回复
    举报
  • Raxon
    ·2021-06-20
    🤔
    回复
    举报
  • 6966df2b
    ·2021-06-18
    G
    回复
    举报
  • Wallstrtbets
    ·2021-06-18
    Noted.
    回复
    举报
  • Smartsmart
    ·2021-06-18
    Hmmm
    回复
    举报
  • MuppyKoh
    ·2021-06-17
    Oh my
    回复
    举报
  • DZJ1976
    ·2021-06-17
    Oracle famous for its predatory sales practices... Not a stonk for me. 
    回复
    举报
  • kenong62
    ·2021-06-17
    Very good companyBuy on the dipPlease comment n like
    回复
    举报
  • FreePrincess
    ·2021-06-17
    Pls like and reply to my comment. Thank you. 
    回复
    举报
    收起
    • FreePrincess
      Ok
      2021-06-17
      回复
      举报
    • gingy
      [微笑]
      2021-06-17
      回复
      举报
    • JeremyKok
      hi. please like and comment back. thank you.
      2021-06-18
      回复
      举报
  • DragonKing
    ·2021-06-16
    OMG
    回复
    举报
  • Skyfishhh
    ·2021-06-16
    Goodbye
    回复
    举报
  • AllyLeong
    ·2021-06-16
    I’m waiting
    回复
    举报
  • Daymierhn
    ·2021-06-16
    like
    回复
    举报
  • AndrewL
    ·2021-06-16
    Nice
    回复
    举报
  • JQJQJQ
    ·2021-06-16
    Make it happen ok
    回复
    举报
  • yll90
    ·2021-06-16
    Oh no...
    回复
    举报
  • TingFeng1992
    ·2021-06-16
    are they in SPY
    回复
    举报
  • Miraclemoney
    ·2021-06-16
    Amazing
    回复
    举报
  • ALittleHope
    ·2021-06-16
    Oh no
    回复
    举报
 
 
 
 

热议股票

 
 
 
 
 

7x24