Oracle Sales - Search News

Oracle expects 15% revenue growth next fiscal year

Oracle’s Sales Miss Estimates. Its CEO Expects AI-Driven Growth.

Oracle (ORCL) reported fiscal third-quarter sales that missed analysts’ expectations, but executives said they expect AI-driven growth in the coming fiscal year. The tech giant saw quarterly revenue climb 6% year-over-year to $14.

The Wall Street Journal on MSN · 3d

Oracle Sales Rise, Company Touts Data Center Growth Ahead

The cloud-software provider’s results missed Wall Street’s expectations, but CEO Safra Catz said it expects fourth quarter revenue to grow 9% to 11%, with total cloud revenue jumping between 24% and 28%.

Reuters on MSN · 3d

Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand

Oracle CEO Safra Catz said that the company's large sales backlog will help drive 15% growth in its revenue next fiscal year, surpassing analysts' current estimates as it expands its artificial intelligence cloud services.

Why Oracle Stock Is Sinking Today

The drop comes as the S&P 500 declined 0.5% and the Nasdaq Composite gained 0.2%. The company's guidance for its fourth ...

3don MSN

Oracle yet to sign a Stargate contract or predict revenue from AI mega-build

Some of that revenue will come from the Stargate Project, the OpenAI-led $500 billion project to build giant AI datacenters ...

Oracle Earnings: Fast-Approaching Buy Territory (But Not Yet)

Discover key takeaways from Oracle's earnings results, why the stock nears buy territory, and insights on a cautious approach ...

Oracle misses expectations and guidance was also weak, sending its stock lower

As for guidance, Oracle said it’s expecting revenue growth of between 8% and 9% in the current quarter, trailing Wall ...

13d

Is Oracle Stock a Buy?

Artificial intelligence (AI) has been a boon for a number of businesses, including Oracle (NYSE: ORCL). AI energized the tech ...

10don MSN

Better Artificial Intelligence Stock: Oracle vs. Nvidia

Oracle's fiscal Q2 earnings per share (EPS) rose 24% year over year to $1.10, showing the company's AI success translated ...

Morningstar3d

Oracle 3Q Sales Rise, Company Touts Data Center Growth Ahead — Update

Oracle results missed Wall Street expectations in the latest quarter, but the company offered an upbeat sales outlook as it aims to double its data center capacity this year. The cloud-services ...

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