These Analysts Boost Their Forecasts On Oracle After Q1 Results

Oracle Corporation 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."MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredib ...