Q2 FY18 GAAP EPS UP 8% TO $0.52 and NON-GAAP EPS UP 14% TO $0.70

Oracle (ORCL) PT Lowered to $55 at Wedbush Following 2Q

Wedbush lowered its price target on Oracle (NYSE: ORCL) to $55.00 (from $58.00) while maintaining a Outperform rating following the company's 2Q earnings report. Cloud revenue grew 39% Y/Y in constant currency, at the low end of guidance, as PaaS/IaaS revenue decelerated for a second consecutive quarter. More... More

Oracle (ORCL) Guides Q3 EPS Below Views

Oracle (NYSE: ORCL) sees Q3 EPS in constant currency of $0.68 to $0.70 vs consensus of $0.72 and revenue up 2% to 4%.

Oracle (ORCL) Declares $0.19 Quarterly Dividend; Approves $12B Buyback

Oracle (NYSE: ORCL) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.

The dividend will be payable on January 24, 2018, to stockholders of record on January 10, 2018, with an ex-dividend date of January 9, 2018.

The annual yield on the dividend is 1.5 percent.

The Board of... More