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Oracle sees Q3 EPS $1.50-$1.54, consensus $1.57
The Fly

Oracle sees Q3 EPS $1.50-$1.54, consensus $1.57

Sees Q3 revenue up 9%-11%. Sees Q3 cloud revenue up 25%-27%. Sees Q3 tax rate 19%. Says Q2 was another excellent quarter. Says results driven by the fact that largest revenue component now represents 77% of total revenue. Says cloud revenue will reach $25B this fiscal year. Says currency will have negative 3c impact on eps and negative 2% impact on revenue. Comments and guidance taken from Q2 earnings conference call.

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