Lates News

In the first quarter of adjusted revenue for Oracle was $14.93 billion, slightly lower than analysts' expectations of $15.03 billion. Operating profit for the first quarter was $6.24 billion, slightly higher than analysts' expectations of $6.21 billion. The operating profit margin for the first quarter was 42%, higher than analysts' expectations of 41.2%. Cloud infrastructure revenue (IAAS) for the first quarter was $3.3 billion, slightly lower than analysts' expectations of $3.38 billion. Oracle (ORCL) stock rose 8.46% after hours.