Oracle reports Q4 revenue of $11.23B, up 8% YoY, vs $11.04B est., with revenue from its Fusion ERP up 46% and NetSuite ERP up 26% (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Oracle reports Q4 revenue of $11.23B, up 8% YoY, vs $11.04B est., with revenue from its Fusion ERP up 46% and NetSuite ERP up 26% — - Oracle called for less earnings guidance than analysts had expected as the company plans investments in cloud computing. — For the quarter, though, Oracle beat on the top and bottom lines.
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