Cisco has recently released its financial results for the quarter ending on October 26, marking a notable period where their earnings highlighted both the ongoing struggles and the potential for growth within the company. Despite posting earnings that exceeded analyst expectations, the company noted a substantial decrease in revenue, marking the fourth consecutive quarter of
Earnings
In an impressive turn of events, Okta, a prominent name in identity management, witnessed its stock price soar over 18% in after-hours trading on Tuesday. This spike followed the company’s announcement of its third-quarter financial results, which not only surpassed analysts’ expectations but also provided an optimistic outlook for future performance. Highlights from the earnings
On Monday, Oracle Corporation experienced a significant drop of 7% in its stock price during after-hours trading. This downturn followed the release of its fiscal second-quarter financial results, which were disappointing relative to analysts’ expectations. The company’s adjusted earnings per share (EPS) stood at $1.47, slightly below the anticipated $1.48, while total revenue reached $14.06