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Software program large Oracle Company (NYSE: ORCL) on Tuesday reported a lower in internet revenue, on an adjusted foundation, for the fourth quarter of 2024. Nonetheless, earnings got here in above estimates.
Could-quarter revenues totaled $14.3 billion, in comparison with $13.84 billion in the identical interval final yr. Earnings, excluding particular gadgets, had been $1.63 per share within the fourth quarter, in comparison with $1.67 per share within the prior-year interval. The underside line topped expectations.
On an unadjusted foundation, the tech agency reported a internet revenue of $3.14 billion or $1.11 per share for the fourth quarter, in comparison with $3.32 billion or $1.19 per share within the corresponding interval of 2023.
Prior Efficiency
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