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Oracle reported $14.06 billion in second-quarter revenue, a 9% increase from a year earlier, but below analysts' average estimate of $14.11 billion, as per data compiled by LSEG.
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 ranked as the third-largest software company in the world by revenue and market capitalization as of 2020, [6] and the company's seat in Forbes Global 2000 was 80 in 2023.
Oracle (ORCL) delivered earnings and revenue surprises of 9.01% and 1.46%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?
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
Let's take a close look at the company's most recent results and how it is benefiting from AI. Cloud revenue leads the way. Oracle's overall fiscal Q1 revenue rose 7% to $13.3 billion, but it was ...
Amazon is the Internet company with the highest revenue, at $469.82 billion in 2021. [1] [2]This is a list of Internet companies by revenue and market capitalization.The list is limited to dot-com companies, defined as a company that does the majority of its business on the Internet, with annual revenues exceeding US$1 billion.
"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 ...
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.