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Oracle forecast fiscal second-quarter revenue to rise by 8% to 10%, with cloud revenue growing in a range of 24% to 26%. Adjusted EPS is expected to grow between 8% and 12%.
Oracle's cloud services revenue rose 21% to $5.6 billion in the first quarter. Revenue for the quarter ended Aug. 31 stood at $13.31 billion, compared with analysts' estimates of $13.23 billion ...
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 in Santa Clara, California, by Larry Ellison, who remains executive chairman, Oracle was the third-largest software company in the world in 2020 by revenue and market capitalization. [6]
After a surge in cloud spending during the pandemic, businesses are rethinking their digitization plans, hurting Oracle as it plays catch-up in a segment dominated by larger rivals such as Amazon ...
This is a global list of largest technology companies by revenue, according to the Fortune Global 500. It shows companies identified by Fortune as being in the technology sector, ranked by total annual revenue. Other metrics not shown here, in particular market capitalization, are often used alternatively to define the size of a company.
The re-rating followed Oracle Corp (NYSE:ORCL) and Amazon Web Services’ new partnership, which connects Oracle’s Autonomous Database & Exadata Database and AWS applications. ... the 3P retail ...
Oracle RightNow is an American customer relationship management (CRM) software service for enterprise organizations which is part of Oracle Service. [1] It was originally developed by RightNow Technologies, Inc. , which was acquired by Oracle Corporation in 2011 in a $1.8 billion deal.
Yahoo Finance Live anchors discuss first-quarter earnings for Oracle. ... Oracle tops revenue estimates as cloud business ramps up ...