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Oracle (ORCL) reported third quarter results after the closing bell on Monday that fell short of expectations.
Adjusted earnings per share (EPS) was $1.47 for the quarter, lower than the $1.49 expected, while adjusted revenue was $14.13 billion, lower than the $14.39 billion Wall Street estimated. Additionally, Oracle's cloud infrastructure revenue was $2.7 billion, just short of estimates of $2.71 billion.
Market Domination Overtime anchors Josh Lipton and Julie Hyman break down the tech giant's latest quarterly report.
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This post was written by Naomi Buchanan.