Oracle (ORCL) guides on its FQ3 call (webcast) for FQ4 revenue growth of -2% to +2% and EPS of...

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

Oracle (ORCL) guides on its FQ3 call (webcast) for FQ4 revenue growth of -2% to +2% and EPS of $0.76-$0.81 (no forex adjustments); the former is below a consensus for 3.4% growth, while the latter is largely above a $0.76 consensus. New software license revenue growth is expected to be -2% to +8% Y/Y. Hardware revenue, which was down sharply in FQ3, is expected to be flat to up $100M-$110M Q/Q. ORCL now +0.1% AH.