Investing.com - Oracle reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Oracle announced earnings per share of ₹46.06 on revenue of ₹13.76. Analysts polled by Investing.com EPS of ₹59.80 on revenue of ₹12,631M.
Oracle 's are up 58.15% and is trading at ₹2,919.95 , still down 38.06% from its 52 week high of ₹4,714.00 set on Wednesday, October 27, 2021.
Oracle follows other major Information Technology sector earnings this month
Oracle's report follows an earnings beat by Tata Consultancy on Monday, October 10, 2022, who reported EPS of ₹28.5 on revenue of ₹553.09B, EPS of ₹28.46 on revenue of ₹550.82B.
Infosys had beat expectations on Thursday, October 13, 2022 with second quarter EPS of ₹14.34 on revenue of ₹365.4B, for EPS of ₹14.2 on revenue of ₹365.67B.
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