This post is by Trey Thoelcke from BloggingStocks
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Enterprise software giant Oracle Corporation (ORCL), which finally completed the deal to acquire Sun Microsystems, Inc. (JAVA), is scheduled to discuss its financial results for the second quarter of fiscal 2010 in a conference call Thursday, December 17, at 5:00 PM (ET). You can catch the live webcast of the call on the company’s website.
The three months that ended in November saw Oracle deny that its proposed acquisition of Sun Micro would reduce competition and detailed its plans for Sun. Analysts surveyed by Thomson Reuters are looking for Oracle to report that earnings for the quarter rose two cents per share from a year ago to $0.36. Revenue is expected to the same as a year ago, or $5.7 billion.