Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...

(Bloomberg) -- Oracle Corp. said annual revenue will rise to at least $104 billion in fiscal 2029, an optimistic signal on the growth prospects of the software maker’s cloud infrastructure business.

Oracle's revenue remained stagnant in its third fiscal quarter, but the company saw encouraging performance in its two next-generation ERP suites as it refocuses its business on cloud applications and ...

(Bloomberg) -- Oracle Corp. reported disappointing quarterly results and gave a sales and profit forecast for the current ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Oracle shares soared more than 30% in premarket trading Wednesday after the computing giant ...

(Reuters) -Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer ...