Oracle misses revenue estimates on virus-led order delays

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Oracle misses revenue estimates on virus-led order delays

Hospitality, retail and transportation clients postpone purchases.

Oracle posted quarterly revenue below Wall Street estimates yesterday as the coronavirus crisis led clients in the hospitality, retail and transportation sectors to postpone purchases. Customers from industries hit hardest by the pandemic pushed back orders as businesses tightened spending to ...

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covid19 delay finance oracle order software

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