Enterprise software firm Oracle Corp. fell short of Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the cloud computing space. Shares of the Austin, Texas-based company pared losses and were down 1.4 percent in extended trading after the company forecast second quarter adjusted earnings per share above expectations. The company expects adjusted earnings per share to be between $1.09 and $1.13, above analysts’ average estimate of $1.08, according to IBES data from Refinitiv. Analysts say Oracle, whose shares have risen about 40 percent this year, is well positioned to benefit from cloud computing but a crowded space of rivals, including Microsoft Corp.’s Azure, Amazon.com Inc.’s Amazon Web Services, Salesforce.com and IBM Corp., will keep the heat on the company. “Expectations would be for revenue forecasts to continue moving higher,” said Jack Andrews, analyst at Needham & Co. To bolster its footing in the cloud computing space, …