Oracle Q1 Adj. EPS $1.92 Beats $1.74 Estimate, Sales $19.300B Beat $19.144B Estimate

Oracle (NYSE:ORCL) reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.74 by 10.34 percent. This is a 30.61 percent increase over earnings of $1.47 per share from the same period last year. The company reported quarterly sales of $19.300 billion which beat the analyst consensus estimate of $19.144 billion by 0.81 percent. This is a 29.30 percent increase over sales of $14.926 billion the same period last year.