Oracle misses third quarter revenue estimates

Reuters03-11

March 10 (Reuters) - Oracle ORCL.N missed Wall Street expectations for third-quarter revenue on Monday, weighed down by softer enterprise spending on its cloud infrastructure services, and strong competition from larger players.

The company reported revenue of $14.13 billion, compared with estimates of $14.39 billion, according to data compiled by LSEG.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid)

((Zaheer.Kachwala@thomsonreuters.com;))

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