Oracle Corp. (NYSE:ORCL) reported better-than-expected fourth-quarter financial results and issued upbeat outlook commentary on Wednesday.
The company reported fourth-quarter revenue of $15.9 billion, beating analyst estimates of $15.58 billion. The company reported fourth-quarter adjusted earnings of $1.70 per share, beating analyst estimates of $1.64 per share, according to Benzinga Pro.
“FY25 was a very good year — but we believe FY26 will be even better as our revenue growth rates will be dramatically higher,” said Safra Catz, CEO of Oracle. “We expect our total cloud growth rate — applications plus infrastructure — will increase from 24% in FY25 to over …
Full story available on Benzinga.com
Oracle Corp. (NYSE:ORCL) reported better-than-expected fourth-quarter financial results and issued upbeat outlook commentary on Wednesday.
The company reported fourth-quarter revenue of $15.9 billion, beating analyst estimates of $15.58 billion. The company reported fourth-quarter adjusted earnings of $1.70 per share, beating analyst estimates of $1.64 per share, according to Benzinga Pro.
“FY25 was a very good year — but we believe FY26 will be even better as our revenue growth rates will be dramatically higher,” said Safra Catz, CEO of Oracle. “We expect our total cloud growth rate — applications plus infrastructure — will increase from 24% in FY25 to over …
Full story available on Benzinga.com
Oracle Corp. (NYSE:ORCL) reported better-than-expected fourth-quarter financial results and issued upbeat outlook commentary on Wednesday.
The company reported fourth-quarter revenue of $15.9 billion, beating analyst estimates of $15.58 billion. The company reported fourth-quarter adjusted earnings of $1.70 per share, beating analyst estimates of $1.64 per share, according to Benzinga Pro.
“FY25 was a very good year — but we believe FY26 will be even better as our revenue growth rates will be dramatically higher,” said Safra Catz, CEO of Oracle. “We expect our total cloud growth rate — applications plus infrastructure — will increase from 24% in FY25 to over …Full story available on Benzinga.com Read MoreEarnings, News, ORCL, PTchanges, Price Target, Pre-Market Outlook, Markets, Analyst Ratings, Trading Ideas, ORCL, US68389X1054, News, Earnings, Price Target, Pre-Market Outlook, Markets, Analyst Ratings, Trading Ideas, Benzinga Markets
