Keep an eye on shares of Oracle (ORCL) in Thursday’s trading session. Oracle, the provider of enterprise software and computer hardware products and services, reported its fiscal fourth quarter earnings results. The database company earned $0.78 per share on revenue of about $10.72 billion for the period. Both figures missed Wall Street estimates. Analysts polled by Thomson Reuters were expecting the bottom line to come in at $0.86 per share on revenue of $10.92 billion. Oracle’s revenue in the quarter was significantly impacted by the effects of a strengthening U.S. dollar. But, the company noted that its cloud software business was a strong suit in the quarter. Still, the company expects to book between $1.5 billion and $2 billion in new SaaS and PaaS business this fiscal year. SaaS is cloud software as a service, and PaaS is cloud platform as a service. TheStreet’s Kurumi Fukushima reports in New York.
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