Photo credit: Raysonho @ Open Grid Scheduler via WikimediaCommons

Oracle ORCL reported quarterly earnings of $1.20 per share on Tuesday, which beat the analyst consensus estimate of $1.16 by 3.45%.

The company reported quarterly sales of $10.40 billion, which missed the analyst consensus estimate of $10.67 billion by 2.53%. This is a 6.63% decrease over sales of $11.14 billion in the same period last year.

Oracle shares were trading down 5.2% at $51.75 in Tuesday’s after-hours session. The stock has a 52-week high of $60.50 and a 52-week low of $39.71.