Oracle Second-Quarter Earnings, Sales Beat Estimates

By | December 18, 2013

Scalper1 News

Oracle’s struggles appear to be waning. The global enterprise software giant on Wednesday reported a profit and revenue beat for its fiscal second quarter as the company works through a poor macro-economy, stagnant hardware sales and an industry sea change toward cloud-based computing, in which companies store and access their data over the Internet. The company offered in-line guidance for the current quarter . In after-hours trading, Oracle Scalper1 News

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