Stocks making the biggest moves after hours: Oracle, Aurora Cannabis and more

and $15 billion stock buy back. Founder and Executive Chairman Larry Ellison said in a statement that he and Safra Catz, who also has the title of chief executive officer, will cover Hurd's responsibilities during his absence. The tech giant, meanwhile, posted less-than-stellar first quarter earnings results a day earlier than expected. Oracle reported adjusted earnings per share of $0.81, matching Wall Street's consensus estimate, according to Refinitiv.

Oracle reported revenue $9.22 billion, which missed the $9.29 billion forecast by analysts polled by Refinitiv.shares tanked more than 9% after the company posted weak earnings guidance and a large fourth quarter revenue miss. The cannabis producer reported revenue of CA$98.9 million compared to a Refinitiv consensus estimate of CA$108.3 million. The company did not report its earnings per share, and its GAAP EPS of $0 is unlikely to be comparable to estimates.

Stocks AFools Dream. The Smart Money is already in Cash waiting for New Duffers to Crush them.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oracle co-CEO Hurd Taking Medical Leave From CompanyOracle says one of its chief executives, Mark Hurd, will take a medical leave from the company. Best of wishes.. Best of luck Mark Co-CEO of Oracle Mark Hurd will be taking a leave of absence due to health reasons. equilarinc notes that Hurd earned $108,295,023 in 2018, a 165% from the previous year. $ORCL execcomp CorpGov Source:
Source: WSJ - 🏆 98. / 63 Read more »