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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%.
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 ...
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 was the third-largest software company in the world in 2020 by revenue and market capitalization. [6]
Oracle also raised its fiscal 2026 revenue to $66 billion, from $65 billion earlier. This implies an annual growth rate of 11.7% for the first two years followed by an even higher 16.1% growth ...
Hyperion Solutions Corporation was a software company located in Santa Clara, California, which was acquired by Oracle Corporation in 2007. Many of its products were targeted at the business intelligence (BI) and business performance management markets, and as of 2013 were developed and sold as Oracle Hyperion products.