UPDATE 3-Oracle’s forecast miss overshadows cloud growth, shares fall
18 Jun UPDATE 3-Oracle’s forecast miss overshadows cloud growth, shares fall
Posted at 22:35h
in
News
by KMFSLLP
June 19 (Reuters) – Oracle Corp’s forecast for
current-quarter profit missed analysts’ expectations on Tuesday,
hurt by a strengthening U.S. dollar, dampening its
fourth-quarter earnings beat that was powered by growth in its
cloud business.
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