Oracle shares spike more than 12% despite earnings and revenue miss
CNBC Televisionยท2025-09-09 20:47
Hey there, John. So, it's actually a miss on both EPS and revenue. A$147 compared to the streets estimate of A148 for EPS revenue coming in at 14.93% billion versus 15.04% billion expected.Now, cloud infrastructure revenue that rose 55% year-over-year to 3.3% billion. This continues to be Oracle's fastest growing business. RPO growth, we are talking about backlog here.This is the cleanest proxy for future revenue growth that is up 359%. You've got Larry Ellison, the chairman and CTO of the company, saying i ...