Oracle shares rise after earnings, sales beat - MarketWatch



Oracle shares rise after earnings, sales beat - MarketWatch

4,644 +96.48 +2.12% S&P 500 2,013 +40.15 +2.04% 6:18 P.M. ET 6:17 P.M. ET 6:03 P.M. ET 5:23 P.M. ET 5:04 P.M. ET Share Bloomberg Markets writer SAN FRANCISCO (MarketWatch) — Oracle Corp. shares rose in the extended session Wednesday after the database software company's quarterly results topped Wall Street expectations. Oracle ORCL, +1.30%  shares advanced 3.5% to $42.61 on heavy volume after the company reported adjusted fiscal second-quarter earnings of 69 cents a share on revenue of $9.6 billion. Analysts surveyed by FactSet expected 68 cents a share on revenue of $9.5 billion. Jabil Circuit Inc. JBL, +1.93%  shares rose 7.1% to $21.50 on moderate volume after fiscal first-quarter profit and sales surpassed consensus estimates. Herman Miller Inc. MLHR, +3.29%  shares declined 5.1% to $29.50 on moderate volume after reporting adjusted fiscal second-quarter earnings of 51 cents a share on revenue of $565.4 million. Analysts expected 51 cents on revenue of $562.6 million.

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