Oracle beats estimates
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Oracle Corp. ORCL is set to report its fiscal third-quarter earnings on Tuesday. Analysts Expect Strong Revenue Growth Analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from $14.
Live Updates Conference Call Highlights 18 hours ago Here’s the key highlights from Oracle’s conference call: First 20/20 Quarter in 15 Years CFO Doug Kehring set the tone early: “Q3 being the first quarter in over 15 years where both organic total revenue and organic non-GAAP EPS grew at 20% or better.
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle last reported an employee count of about 162,000 in May 2025. About 31 percent of those employees were in research and development, 23 percent were in services, 19 percent were in sales and marketing, and 18 percent were in cloud services and license support operations, according to regulatory filings.
Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up from $10.3 billion in fiscal 2025. The database ...
Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud revenue by FY30, leveraging its unique database and ...
Oracle Corporation is considering cutting up to 30,000 jobs to fund its AI infrastructure expansion, according to a report by TD Cowen.
The cloud-computing company, which is using AI internally to replace some of its own employees, raised its sales outlook for 2027.