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Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations.
Here’s how the company did in comparison with LSEG consensus:
- Earnings per share: $1.63 adjusted vs. $1.65 expected
- Revenue: $14.29 billion, vs. $14.55 billion expected
Oracle’s revenue increased 3% year over year during the quarter,…
