Oracle Stock Spikes. Earnings Were Really, Really Good.

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Updated Dec. 10, 2021 8:17 americium ET / Original Dec. 9, 2021 4:38 p.m. ET

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Oracle shares headed higher aft the endeavor bundle elephantine posted better-than-expected fiscal results for its fiscal 2nd quarter.

For the 4th ended Nov. 30, Oracle (ticker: ORCL) reported gross of $10.4 billion, up 6% from a twelvemonth ago, and up of some the company’s guidance scope of 3% to 5% growth, and the Street statement forecast for $10.2 billion. It was the company’s champion 4th of maturation since 2018.


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