Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

By Juby Babu and Stephen Nellis March 10 (Reuters) - Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8 ...

Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and Microsoft.

Douglas Kehring, Executive VP & Principal Financial Officer, stated the quarter "exceeded expectations across the board," highlighting that both organic total revenue and organic non-GAAP EPS grew at ...

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Oracle Corporation Third Quarter Fiscal ...

Oracle Corp. posted quarterly cloud revenue that was better than expected and projected strong sales in the upcoming fiscal year, a sign the company is making good on its massive AI bookings.

As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap.

Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.

Oracle has made itself the king of the data center. It’s the fastest growing in the space.” That’s a strong statement, but the numbers behind it are hard to argue with. Oracle (NYSE:ORCL) has quietly ...

Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...