Oracle Tops Estimates, Expects European Union to Clear Sun Deal in January

Oracle shares are gaining in after-hours trading after the company reported second-quarter results that beat expectations. Earnings for the period were 39 cents a share, excluding special items, on revenue of $5.9 billion. Analysts polled by Thomson Reuters had estimated Oracle would post earnings, excluding special items, of 36 cents a share on $5.7 billion in revenue.
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Adobe Sees Demand Improving

Though it posted lower quarterly profit and sales for its fourth quarter, Adobe still managed to beat analysts’ projections. Reporting earnings after market close Tuesday, the software company posted a net loss of $32.04 million, or six cents a share, on revenue of $757.3 million.
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NetSuite Beats Street by a Penny

Investors expecting NetSuite to break even on a per-share basis for its third quarter were given a pleasant surprise this afternoon when the company beat estimates by a penny.
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Facebook Breaks Even

Oracle Earnings: Miss and Match

Oracle shares are slipping after market trading today on news of the company’s latest financials. Seems that while Oracle’s earnings were in line with the Street’s expectations, sales were not.
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What Was It Oracle Wants With Sun, Again?

Sun Microsystems’s last quarterly report as an independent company was about as miserable as earnings reports get. No surprise, then, that the company didn’t bother to issue a press release or hold a conference call with analysts to discuss them.
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Hard Disk Error: Earnings Failure Detected

The econalypse has been particularly unkind to Seagate Technology. The hard-drive manufacturer posted a fiscal fourth-quarter loss Tuesday, its third in a row. Weighed down by restructuring charges, Seagate reported a loss of $81 million, or 16 cents a share, compared to net income in the same quarter last year of $160 million, or 32 cents a share.
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Oracle Earnings: Not Bad…

Investors expecting Oracle to post fourth-quarter earnings of 44 cents per share based on analysts’ guidance received a welcome surprise today when the company reported earnings that were two cents per share better.
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