Investing.com - Oracle (NYSE:ORCL) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Oracle announced earnings per share of $1.03 on revenue of $9.73B. Analysts polled by Investing.com anticipated EPS of $0.9716 on revenue of $9.76B.
Oracle shares are up 37% from the beginning of the year and are trading at $86.51 , down-from-52-week-high.They are outperforming the S&P 500 which is up 18.99% from the start of the year.
Oracle shares lost 2.66% in after-hours trade the report.
Oracle follows other major Technology sector earnings this month
Oracle's report follows an earnings beat by NVIDIA on Wednesday, August 18, 2021, who reported EPS of $1.04 on revenue of $6.51B, compared to forecasts EPS of $1.02 on revenue of $6.33B.
Salesforce.com had beat expectations on Wednesday, August 25, 2021 with second quarter EPS of $1.48 on revenue of $6.34B, compared to forecast for EPS of $0.9246 on revenue of $6.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar