Oracle’s Cloud Sales Power a Q3 Earnings Beat

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In many ways, Oracle’s (NYSE: ORCL) recent fiscal 2017 third-quarter earnings report, released Wednesday after the close, went as expected. Total revenue climbed a modest  2% to $9.2 billion, slightly  below the consensus estimate of $9.25 billion. However, thanks to yet another quarter of strong, high-margin cloud-related revenue, its $0.69 per share earnings (excluding one-time costs) handily beat the $0.62 per share the analysts had forecast.






Salesforce.com Earnings Were Solid, Guidance So-So

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Relative to analysts’ consensus estimates, salesforce.com (NYSE: CRM) ended its 2017 fiscal year in only a so-so fashion, given the numbers in its earnings release Tuesday. That, coupled with a lower-than-expected profit forecast for its current quarter, could have caused concern about the customer relationship management (CRM) specialist among investors.






Baidu Shares Hold Steady After Mixed Q4 Earnings

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Chinese search leader Baidu (NASDAQ: BIDU) reported its fourth-quarter earnings on Thursday, and the mixed results caused the stock to dip before slightly rising during after-hours trading. During the quarter, the internet giant’s revenue fell 4% year-over-year to 18.2 billion yuan ($2.62 billion), narrowly missing estimates by $50 million.