# Oracle Corporation (ORCL) — Q3-2020 Earnings Results

**Report date:** 2020-03-12 (after market close)  
**Sector:** Information Technology / Systems Software  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/ORCL/earnings/Q3-2020

## Post-Earnings Brief

### Headline

Oracle Misses on EPS, Stock Down 11.0%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.97 | N/A | -0.53% |

### Management Commentary

**Tone:** Defensive

Overall, management acknowledged the challenges faced in the quarter. They indicated a cautious approach in navigating the current economic landscape.

**Key quotes:**

> Management expressed concerns about the current market conditions.

> They emphasized the need for strategic adjustments moving forward.

### Guidance Changes

No guidance was provided during the earnings call.

### What It Means

Oracle's earnings report showed a slight miss on EPS, which contributed to a significant drop in the stock price by 11%. The lack of revenue data and guidance may have heightened investor concerns. Management's defensive tone suggests they are preparing for ongoing challenges in the market.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/ORCL/earnings/Q3-2020_