Lates News

Oracle's adjusted revenue for the first quarter was $14.93 billion, analysts had expected $15.03 billion. Operating profit for the first quarter was $6.24 billion, analysts had expected $6.21 billion. Operating profit margin for the first quarter was 42%, analysts had expected 41.2%. Revenue from cloud infrastructure for the first quarter was $3.3 billion, analysts had expected $3.38 billion. Oracle's stock rose 8.46% after hours.