Earnings Alert: Oracle (ORCL) Beat On Top & Bottom Lines

Oracle (ORCL) stock price is rallying in the after-hours session after their earnings report was released. It indicated $1.54 in EPS and $11.8B in revenue, beating estimates. "ORCL shares were in limbo due to the recent Cerner Corporation acquisition and the overall enterprise and infrastructure spending slowdown," says George Tsilis. How is the Oracle (ORCL) cloud service impacting the company?