Oracle's cloud infrastructure business is accelerating rapidly, but investors should weigh the company's massive capital expenditure plans before buying shares.
Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.
The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.
For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20%.
Oracle raised its revenue outlook for fiscal 2027 to $90 billion. It reaffirmed 2026 guidance. The company expects revenue to grow 18% to 20% in the current fourth quarter, with adjusted earnings per ...
Oracle Corporation (NYSE: ORCL) today announced that Q3 fiscal 2026 was an exceptional quarter with financial results that exceeded expectations. This Q3 was the first quarter in over 15 years where ...
Oracle on Tuesday reported strong growth that included a big jump in cloud revenue, sending its stock surging after shares of Larry Ellison’s firm plummeted in recent months amid broader criticism of ...
Oracle Corp. posted quarterly cloud revenue that was better than expected and projected strong sales in the upcoming fiscal year, a sign the company is turning its massive AI bookings into revenue.
Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results