Oracle (ORCL) Tops Q3 EPS by 2c

Oracle (NYSE: ORCL) reported Q3 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $9 billion versus the consensus estimate of $9.12 billion.

The Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on April 14, 2016, with a payment date of April 28, 2016.

Oracle also announced that its Board of Directors authorized the repurchase of up to an additional $10 billion of common stock under its existing share repurchase program in future quarters.

For earnings history and earnings-related data on Oracle (ORCL) click here.

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