Oracle Hits A Cloud Speed Bump

newsfeedback@fool.com (Timothy Green), The Motley Fool
Tue, 03/20/2018 - 2:45pm

Database giant Oracle (NYSE: ORCL) reported its fiscal third-quarter results after the market closed on Monday. It was clear on Tuesday morning that investors weren't happy. Oracle stock was down about 10% at midday, despite a big earnings beat and in-line revenue.Oracle's cloud business put up some solid growth numbers, but the company's guidance for the fourth quarter left a lot to be desired.

Topics: oracle nyse orcl oracle images cloud third-quarter

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Oracle Hits A Cloud Speed Bump

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