Jordan Novet / CNBC:

Oracle reports Q2 revenue up 5% YoY to $12.94B, vs. $13.05B est., net income up 44% to $2.5B, and cloud and on-premise revenue down 18% to $1.18B; ORCL drops 8%  —  - Oracle's revenue came up short in three operating segments.  — The stock tumbled in after-hours trading.

Jordan Novet / CNBC:

Oracle reports Q2 revenue up 5% YoY to $12.94B, vs. $13.05B est., net income up 44% to $2.5B, and cloud and on-premise revenue down 18% to $1.18B; ORCL drops 8%  —  - Oracle's revenue came up short in three operating segments.  — The stock tumbled in after-hours trading.

Source: TechMeme
Source Link: http://www.techmeme.com/231211/p21#a231211p21