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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?
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'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 ...
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.
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.
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.