Oracle (ORCL) Tops Q3 EPS by 1c, Approves $15B Buyback

March 12, 2020 4:03 PM EDT

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(Updated - March 12, 2020 4:03 PM EDT)

Oracle (NYSE: ORCL) reported Q3 EPS of $0.97, $0.01 better than the analyst estimate of $0.96. Revenue for the quarter came in at $9.8 billion versus the consensus estimate of $9.75 billion.

The Board of Directors increased the authorization for share repurchases by $15.0 billion. The Board of Directors also declared a quarterly cash dividend of $0.24 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on April 9, 2020, with a payment date of April 23, 2020.

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

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