Oracle (ORCL) Reports In-Line Q3 EPS; Boosts Qtr. Dividend

March 17, 2015 4:03 PM EDT
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Price: $87.63 +0.52%

EPS Growth %: +28.3%

Financial Fact:
Operating income: 2.64B

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Oracle (NYSE: ORCL) reported Q3 EPS of $0.68, in-line with the analyst estimate of $0.68. Revenue for the quarter came in at $9.33 billion versus the consensus estimate of $9.47 billion.

Oracle also announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of outstanding common stock, reflecting a 25% increase over the current quarterly dividend of $0.12. Larry Ellison, Oracle's Chairman of the Board, Chief Technology Officer and largest stockholder, did not participate in the deliberation or the vote on this matter. This increased dividend will be paid to stockholders of record as of the close of business on April 7, 2015, with a payment date of April 28, 2015.

For earnings history and earnings-related data on Oracle (ORCL) click here.

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