Reginal Thomas
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Oracle Missed Wall Street Expectations But Still Had A Solid Earnings Reprot

For the fourth quarter Oracle reported revenues of $9.32 billion and adjusted earnings of 68 cents per share. Wall street analysts were expecting the company to have slightly higher revenues of $9.36 billion with adjusted earnings of 70 cents per share. 

One bright spot in the report were software licenses and cloud software subscriptions revenues shot up 4% to $2.4 billion.