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(Reuters) -Oracle forecast quarterly revenue below estimates on Monday, as an uncertain economy and competition in the cloud computing market weighed on demand for its cloud offerings, sending its ...
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 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 ...
"Oracle shares following a mixed quarter that was underscored by an acceleration of total revenue, though missing consensus estimates on the top and bottom-line," D.A. Davidson analysts wrote in a ...
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] The company's 2023 ranking in the Forbes Global 2000 was ...
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 ...
2023 3,148 Redmond, Washington, US 2 Google: 282.11 2023 2,170 Mountain View, California, US 3 Oracle: 49.9 2023 344.9 Austin, Texas, US 4 Salesforce: 34.9 2023 234.6 San Francisco, California, US 5 SAP: 33.8 2023 223.4 Walldorf, Germany 6 Adobe: 19.4 2023 208.5 San Jose, California, US 7 Intuit: 14.4 2023 160.4 Palo Alto, California, US 8 IBM ...
This is a listing of Oracle Corporation's corporate acquisitions, including acquisitions of both companies and individual products. Oracle's version [1] does not include value of the acquisition. [2] See also Category:Sun Microsystems acquisitions (Sun was acquired by Oracle).