Oracle reports Q2 revenue of $9.56B, vs. $9.52B est., net profit of $2.3B, up 5% YoY, and cloud services revenue of $6.64B, up 3% YoY; stock up 5%+ after hours (Maria Armental/Wall Street Journal)

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Maria Armental / Wall Street Journal:
Oracle reports Q2 revenue of $9.56B, vs. $9.52B est., net profit of $2.3B, up 5% YoY, and cloud services revenue of $6.64B, up 3% YoY; stock up 5%+ after hours  —  Company has used its cash pile to raise stock buybacks  —  Oracle Corp. ORCL -1.87% reported flat revenue for its latest quarter …



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