Core Insights - Benson Investment Management Company, Inc. fully exited its position in Oracle, selling 25,566 shares valued at approximately $5.6 million during the third quarter [1][2][7]. Company Overview - Oracle is a global leader in enterprise software and cloud infrastructure, with a market capitalization of about $835 billion [6]. - The company reported a total revenue of $59 billion and a net income of $12.4 billion for the trailing twelve months (TTM) [4]. - Oracle's dividend yield stands at 0.7%, and its share price was $292.96 as of the market close on Friday [4]. Financial Performance - Oracle's cloud revenue surged 28% year-over-year to $7.2 billion, while total revenue rose 12% to $14.9 billion [8]. - The growth was driven by a 55% increase in its cloud infrastructure unit, with CEO Safra Catz describing the quarter as "astonishing" due to four multi-billion-dollar contracts that increased Oracle's backlog to a record $455 billion [8]. Market Position - Oracle's shares have increased by approximately 66% over the past year, significantly outperforming the S&P 500's 12% gain during the same period [3][7]. - The company offers a comprehensive suite of products, including enterprise cloud applications, database technologies, middleware, and hardware, targeting large enterprises, government agencies, and educational institutions [9]. Strategic Focus - Oracle's strategy emphasizes expanding its cloud offerings and integrated technology stack to meet complex business needs across various industries [6]. - The company is also focusing on partnerships with major players like Amazon, Google, and Microsoft, and is set to launch an "Oracle AI Database" that integrates major language models into its cloud services [10].

Core Insights - Oracle is well-positioned for the ongoing artificial intelligence (AI) megatrend while also returning capital to shareholders [1] - The company's stock has increased nearly 80% year-to-date following strong fiscal Q1 2026 results [2] Company Performance - Oracle reported a remarkable 359% year-over-year growth in remaining performance obligations (RPO), totaling $455 billion, driven by four multibillion-dollar contracts [5] - Total cloud revenue rose 27% year-over-year to $7.2 billion, with cloud infrastructure revenue surging 55% to $3.3 billion [6] - Total revenue for the quarter increased 11% year-over-year to $14.9 billion, while adjusted earnings per share rose 6% to $1.47 [7] Capital Expenditure and Return Program - Oracle's capital expenditures reached $8.5 billion for the quarter, with a forecast of around $35 billion for fiscal 2026 [8] - Despite negative free cash flow of $362 million for the quarter, Oracle returned $5 billion in dividends over the last 12 months and repurchased shares worth $95 million in Q1 [8]