Oracle (ORCL) Tops Q1 EPS by 2c, Approves $12B Buyback

Oracle (NYSE: ORCL) reported Q1 EPS of $0.71, $0.02 better than the analyst estimate of $0.69. Revenue for the quarter came in at $9.2 billion versus the consensus estimate of $9.31 billion.

The Board of Directors increased the authorization for share repurchases by $12.0 billion. The Board of Directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on October 16, 2018, with a payment date of October 30, 2018.

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

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