Douglas Kehring, Executive VP & Principal Financial Officer, stated the quarter "exceeded expectations across the board," highlighting that both organic total revenue and organic non-GAAP EPS grew at ...
Oracle (NYSE:ORCL) executives said fiscal third-quarter 2026 results exceeded expectations “across the board,” pointing to accelerating growth in cloud applications, rapid expansion in multi-cloud ...
Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...
As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap.
No signs of the wretched ‘SaaSpocalypse’ as Oracle turned in a strong Q3. Revenue rose 18% year-on-year to $17.19 billion, with profit of $3.72 billion, up from $2.94 billion a year ago. Total cloud ...
Analysts expect the group to cut jobs and sell some of its business units to support its AI investment push. Oracle has drawn down roughly $961mn from a $1.6bn pot it set aside at the start of the ...
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 company is working to deliver on massive cloud infrastructure contracts with customers Read more at The Business Times.
Oracle Corp. shares gained almost 10% in extended trading after the company posted strong results and gave an outlook that suggested there is little letup in demand for AI computing.
Oracle on Tuesday delivered a quarterly top- and bottom-line beat on the back of strong growth in its cloud computing business. The company also raised its fiscal 2027 revenue guidance, sending its ...
For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20% Oracle's stock was rising after Tuesday's earnings report. Oracle proved the ...
Oracle cloud revenue jumps 44% in strong Q3 earnings report. Remaining performance obligations surge to $553B on AI demand. Shares jump in after-hours as investors welcome strong results. Oracle has ...
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