Investing.com - Oracle (NYSE:ORCL) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Oracle announced earnings per share of $1.06 on revenue of $9.80B. Analysts polled by Investing.com anticipated EPS of $0.9971 on revenue of $9.76B.
Oracle shares are up 12% from the beginning of the year and are trading at $58.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 13.56% from the start of the year.
Oracle shares lost 2.47% 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, November 18, 2020, who reported EPS of $2.91 on revenue of $4.73B, compared to forecasts EPS of $2.58 on revenue of $4.42B.
Adobe had beat expectations on Thursday with fourth quarter EPS of $2.81 on revenue of $3.42B, compared to forecast for EPS of $2.67 on revenue of $3.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar