Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017.Oracle shares jumped as much as 9% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations.Here's how the company did compared with LSEG consensus:Earnings per share: $1.63 adjusted vs. $1.65 expectedRevenue: $14.29 billion, vs. $14.55 ...

Q4 Total Remaining Performance Obligations up 44% to $98 billionQ4 GAAP Earnings per Share $1.11, Non-GAAP Earnings per Share $1.63Q4 Total Revenue $14.3 billion, up 3% in USD, up 4% in constant currency Q4 Cloud Revenue (IaaS plus SaaS) $5.3 billion, up 20% in USD and constant currencyQ4 Cloud Infrastructure (IaaS) Revenue $2.0 billion, up 42% in USD and constant currency Q4 Cloud Application (SaaS) Revenue $3.3 billion, up 10% in USD and constant currencyQ4 Fusion Cloud ERP (SaaS) Revenue $0.8 billion, up ...

AUSTIN, Texas, June 11, 2024 /PRNewswire/ -- Oracle, Microsoft, and OpenAl are partnering to extend the Microsoft Azure Al platform to Oracle Cloud Infrastructure (OCI) to provide additional capacity for OpenAl.OpenAI is the AI research and development company behind ChatGPT, which provides generative AI services to more than 100 million users every month.  "We are delighted to be working with Microsoft and Oracle. OCI will extend Azure's platform and enable OpenAI to continue to scale," said Sam Altman, Ch ...

Google Cloud will offer Oracle Cloud Infrastructure database services and high-speed network interconnect with Oracle     Partnership helps customers simplify cloud migration, multicloud deployment, and management     AUSTIN, Texas and SUNNYVALE, Calif., June 11, 2024 /PRNewswire/ -- Oracle and Google Cloud today announced a partnership that gives customers the choice to combine Oracle Cloud Infrastructure (OCI) and Google Cloud technologies to help accelerate their application migrations and modernization. ...

Exhibit 99.1 img17877081_0.jpg For Immediate Release Contact Ken Bond Deborah Hellinger : Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com Oracle Announces Fiscal 2024 Fourth Quarter and Fiscal Full Year Financial Results • Q4 Total Remaining Performance Obligations up 44% to $98 billion • Q4 GAAP Earnings per Share $1.11, Non-GAAP Earnings per Share $1.63 • Q4 Total Revenue $14.3 billion, up 3% in USD, up 4% in constant ...

RerF Oracle (NYSE:ORCL) the former enterprise software database giant that has had to transition to the cloud in the last 10–15 years and is now forced to tackle the AI evolution, is scheduled to report their fiscal Q4 ’24 financial results after the closing bell on Tuesday, June 11, 2024. Street consensus is expecting $1.65 in EPS in $14.56 billion in revenue for expected yoy growth of -1% and +5% respectively. Operating income is expected to come in at $6.65 billion for expected yoy growth of 8%. Typi ...

Loading...Loading...Oracle Corporation ORCL will release earnings results for its fourth quarter, after the closing bell on Tuesday.Analysts expect the Austin, Texas-based company to report quarterly earnings at $1.65 per share. That's down from $1.67 per share in the year-ago period. Oracle is projected to post quarterly revenue of $14.59 billion, compared to $13.84 billion a year ago, according to data from Benzinga Pro.The tech giant recently announced plans to open two Oracle Cloud Regions in Morocco, o ...

Monday, June 10th, 2024We’re quiet today ahead of the opening bell. I’ll stop short of calling this the “quiet before the storm,” though this week does bring us key market nutrients: Consumer Price Index (CPI) and Producer Price Index (PPI) reports on Wednesday and Thursday, respectively. Last month, we were greeted with a +3.4% Inflation Rate and +3.6% on core CPI year over year. These are far better numbers than we were seeing in post-pandemic inflation, but still notably higher of where the Fed wants to ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

 Analyst Estimates for Q4 FY 2024Q3 FY 2024  Q4 FY 2023Revenue $14.57 billion$13.28 billion$13.84 billionDiluted Earnings Per Share $1.1885 cents$1.19Net Income $3.33 billion $2.4 billion $3.32 Key Metric: Cloud Infrastructure Momentum Oracle reported in March that its cloud infrastructure drove the company's remaining performance obligations to a record high on strong demand in the AI era. The company said that large new cloud infrastructure contracts fueled the record quarter, with Oracle CEO Safra Cat ...