Oracle Corp (ORCL) Reports Q2 Miss; Adds $5B to Buyback Plan

December 20, 2011 4:04 PM EST
Oracle Corp (NASDAQ: ORCL) reported Q2 EPS of $0.54, $0.03 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $8.8 billion versus the consensus estimate of $9.23 billion.

Authorized added $5 billion buyback

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