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Total cloud revenue, that's SaaS and IaaS, was up 24% at 5.9 billion, with SaaS revenue of 3.5 billion, up 10%, and IaaS revenue of 2.4 billion, up 52% on top of the 50% growth reported last year.
Oracle slides as revenue target miss spotlights tough cloud competition. ... Oracle's 12-month forward price-to-earnings ratio is 28.08, compared to Microsoft's 31.86 and Amazon's 36.66.
"Oracle cloud infrastructure revenue remains heightened as demand for AI compute grows on the platform," said D.A. Davidson in a note. Oracle's 12-month forward price-to-earnings ratio is 28.08 ...
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%. For the full year, the ...
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
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.
Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. [2] Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for ...
"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 ...