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 $1.21 on revenue of $10.4B. Analysts polled by Investing.com anticipated EPS of $1.11 on revenue of $10.21B.
Oracle shares are up 37% from the beginning of the year and are trading at $93.90 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.31% from the start of the year.
Oracle shares gained 5.81% in after-hours trade the report.
Oracle follows other major Information Technology sector earnings this month
Oracle's report follows an earnings beat by NVIDIA on Wednesday, November 17, 2021, who reported EPS of $1.17 on revenue of $7.1B, compared to forecasts EPS of $1.11 on revenue of $6.82B.
Salesforce.com had beat expectations on Tuesday, November 30, 2021 with third quarter EPS of $1.27 on revenue of $6.86B, compared to forecast for EPS of $0.9224 on revenue of $6.8B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar