Gap and Docusign Fell Around 8% While Oracle Slid Over 4% in Premarket Trading for Their Financial Results

Tiger Newspress2023-03-10

Gap expects fiscal 2023 net sales to decrease in the low- to mid-single digit range, compared with analysts' expectations of a 1.64% rise, according to Refinitiv IBES data.

The company posted a fourth-quarter loss of 75 cents per share, compared to estimates of a loss of 46 cents.

Stocks slipped over 8% in premarket trading.

Docusign reported a Q4 net income of $4.86 million, or 2 cents a share, compared with a loss of $30.45 million, or 15 cents a share, in the year-ago period. Adjusted earnings were 65 cents a share, adjusted for stock-based compensation and other costs.

For the first quarter, the company expects revenue of $639 million to $643 million, while analysts expect $639.8 million.

Stocks fell over 7% in premarket trading.

Oracle reported a Q3 net income of $1.9 billion, or 68 cents a share, compared with $2.32 billion, or 84 cents a share, a year ago. Adjusted earnings were $1.22 a share, compared with $1.13 a share in the year-ago period. Revenue rose to $12.4 billion from $10.51 billion in the year-ago quarter.

Chief Executive Safra Catz forecast Q4 earnings of $1.56 to $1.60 a share on revenue growth of 15% to 17%, or $13.62 billion to $13.85 billion.

Stocks slid over 4% in premarket trading.

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Singman
2023-03-10
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Adjusted earnings were 65 cents a share, adjusted for stock-based compensation and other costs. </p><p>For the first quarter, the company expects revenue of $639 million to $643 million, while analysts expect $639.8 million.</p><p>Stocks fell over 7% in premarket trading.</p><p> <img src=\"https://static.tigerbbs.com/ff8fe2328e3f7323568ff0fa7a8646d1\" tg-width=\"659\" tg-height=\"530\" width=\"100%\" height=\"auto\"/><b><a href=\"https://laohu8.com/S/ORCL\">Oracle</a></b> reported a Q3 net income of $1.9 billion, or 68 cents a share, compared with $2.32 billion, or 84 cents a share, a year ago. Adjusted earnings were $1.22 a share, compared with $1.13 a share in the year-ago period. Revenue rose to $12.4 billion from $10.51 billion in the year-ago quarter.</p><p>Chief Executive Safra Catz forecast Q4 earnings of $1.56 to $1.60 a share on revenue growth of 15% to 17%, or $13.62 billion to $13.85 billion.</p><p>Stocks slid over 4% in premarket trading.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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