What You Need To Know Ahead of Oracle's Earnings Report

Oracle Corporation is set to release its fiscal 2023 second-quarter earnings report on Tuesday, December 13, after the market closes.

The report will provide investors with insights into the company's financial performance during the three months ended November 30, 2022.

Oracle is a global technology company that provides software and cloud services to businesses. The company's products include database software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and cloud infrastructure services.

Oracle's earnings report is closely watched by investors and analysts because it provides insights into the company's financial health and its ability to execute on its strategic initiatives.

Here are some of the key things to look for in Oracle's earnings report:

* **Revenue:** Oracle's revenue is expected to grow in the low to mid-single digits in the second quarter. The company's cloud revenue is expected to continue to grow rapidly, offsetting declines in its on-premises software business.

* **Earnings per share:** Oracle's EPS is expected to grow in the high single digits in the second quarter. The company's margins are expected to improve as it continues to shift its business to the cloud.

* **Cloud revenue:** Oracle's cloud revenue is expected to grow in the mid-teens in the second quarter. The company's cloud revenue is now larger than its on-premises software revenue, and it is expected to continue to grow rapidly in the coming years.

* **Guidance:** Oracle will provide guidance for its fiscal 2023 third quarter and full year. The company's guidance will be closely watched by investors and analysts for insights into its expectations for the future.

Overall, Oracle's earnings report is expected to be positive. The company is expected to report solid financial results and provide guidance that is in line with expectations.