Oracle (ORCL) guides on its FQ4 earnings call (webcast) for FQ1 annual revenue growth of -2% to...

|About: Oracle Corporation (ORCL)|By:, SA News Editor

Oracle (ORCL) guides on its FQ4 earnings call (webcast) for FQ1 annual revenue growth of -2% to 1%, below a consensus of 3.3%. EPS is expected to be $0.51-$0.55, in-line with a consensus of $0.53. New software license revenue is expected to grow 0%-10%, while hardware revenue is expected to fall 7% to 17%. The company cites macro uncertainty as a reason for its cautious guidance. Shares +2.5% AH.