Oracle
reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 10% in extended trading as the company plans to raise more money to finance its AI buildout.
Here’s how the company did in comparison with LSEG consensus:
Earnings per share: $2.03 adjusted vs. $1.96 expected
Revenue: $19.18 billion vs. $19.10 billion expected
Revenue increased 21% year over year in the quarter, which ended on May 31, according to a statement. Net income rose to $4.22 billion, or $1.45 per share, from $3.43 billion, or $1.19 per share, a year ago. Adjusted earnings exclude impact of stock-based compensation.
Link: https://www.cnbc.com/2026/06/10/oracle-orcl-q4-earnings-report-2026.html