(Bloomberg) — Oracle Corp. reported disappointing quarterly results and gave a sales and profit forecast for the current quarter that fell short of analysts’ estimates.
Most Read from Bloomberg
Still, the company trumpeted a surge in bookings and said its growing cloud infrastructure business will boost revenue over the next two fiscal years.
Fiscal third-quarter sales increased 6% to $14.1 billion. Analysts, on average, projected $14.4 billion, according to data compiled by…
Article Source
https://finance.yahoo.com/news/oracle-gives-strong-outlook-fueling-204213283.html
