(Reuters) - Oracle missed third-quarter revenue estimates on Monday, as an uncertain economic outlook and strong competition in the cloud-computing industry weighed on demand for its services.

The company posted revenue of $13.28 billion for the three months ended February 29, compared with analysts' average estimate of $13.30 billion, according to LSEG data.

(Reporting by Harshita Mary Varghese in Bengaluru;Editing by Krishna Chandra Eluri)