(Reuters) – Oracle 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)
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