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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's second-quarter revenue reached $14.06 billion, marking a 9% increase from the previous year, but below Wall Street estimates of $14.11 billion, as per data compiled by LSEG.
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%.
This is a list of software and information technology companies that are in the Fortune 500 list of the largest U.S. companies by revenue in the year of 2024. Company Type
At $172.78, the company was on track to lose nearly $50 billion in market capitalization if losses hold. Oracle's shares have soared more than 80% this year through Monday, as investors cheered ...
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 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]
"In Q4 alone, Oracle signed over 30 AI sales contracts totaling more than $12.5 billion, including one with OpenAI to train ChatGPT in Oracle Cloud." Oracle expects double-digit revenue growth for ...
Taleo Corporation was a publicly traded database vendor based in Dublin, California, which was acquired by Oracle in 2012. [1] Taleo's product offerings primarily focus on talent acquisition (recruitment), performance management, learning and development, and compensation management.