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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (19006)	3/20/2013 4:27:39 PM
From: Kirk ©	Read Replies (1) \| Respond to of 19079

Oracle misses 3Q revenue expectations, shares fall Oracle shares fall after software company misses Wall Street's 3rd-quarter expectations finance.yahoo.com Oracle Corporation (ORCL) 35.76 0.08(0.21%) 4:00PM EDT After Hours : 33.46 2.31 (6.44%) 4:27PM EDT - Nasdaq Real Time Price NEW YORK (AP) -- Oracle says its fiscal third-quarter revenue declined by 1 percent, falling short of analysts' expectations and sending shares down sharply in after-hours trading. Oracle Corp. said Wednesday that it earned $2.5 billion, or 52 cents per share, in the December-February quarter. That's up from $2.5 billion, or 49 cents per share, in the same period a year earlier. Adjusted earnings were 65 cents per share in the latest quarter. Revenue fell 1 percent to $8.96 billion. Analysts polled by FactSet expected earnings of 66 cents per share, excluding charges for past acquisitions and other costs, on revenue of $9.38 billion. Oracle says new software licenses and online subscriptions fell 2 percent to 2.3 billion. The company had predicted that number would rise by 3 percent to 13 percent.