Oracle Shares Take A Nosedive On Earnings And Revenue Miss In Fiscal Q4

Oracle reported disappointing earnings to close out its fiscal year on Wednesday, trailing Wall St. expectations on what it said were consequences of a strengthening exchange rate for the U.S. dollar. The company reported earnings of $0.78, $0.09 below consensus of $0.87 earnings per share. Oracle reported revenue of $10.7 billion, $0.25 behind Street predictions. – Source      

Oracle Shares Take A Nosedive On Earnings And Revenue Miss In Fiscal Q4