Oracle reported its fiscal third quarter results after the close with total revenue of $8.958 billion, down 1% year over year and flat in constant currency. It was significantly short of the Street’s $9.38 billion. The company did say that the strength of the US dollar negatively impacted total revenue by 1% but it would still have been short of the Street’s expected 5% revenue growth. …read more
Source: FULL ARTICLE at Forbes Latest
