{"id":86764,"date":"2023-12-12T00:04:44","date_gmt":"2023-12-12T05:04:44","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86764"},"modified":"2023-12-11T22:15:36","modified_gmt":"2023-12-12T03:15:36","slug":"oracle-shares-slide-as-revenue-misses-estimates","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2023\/oracle-shares-slide-as-revenue-misses-estimates.html","title":{"rendered":"Oracle shares slide as revenue misses estimates"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/ORCL\/\">Oracle<\/a> shares dropped more than 9% in extended trading Monday after the software company reported fiscal second-quarter revenue and quarterly revenue guidance that fell short of Wall Street expectations. Revenue grew 5% year over year in the quarter, which ended Nov. 30. Net income increased 44% to $2.5 billion, or 89 cents per share, from $1.74 billion, or 63 cents a share, a year ago.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/12\/11\/oracle-orcl-q2-earnings-report-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Oracle shares dropped more than 9% in extended trading Monday after the software company reported fiscal second-quarter revenue and quarterly revenue guidance that fell short of Wall Street expectations. Revenue grew 5% year over year in the quarter, which [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86764","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86764"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86764\/revisions"}],"predecessor-version":[{"id":86766,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86764\/revisions\/86766"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}