CNBC · Jordan Novet ·

Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours

Oracle shares moved 4% higher in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results.

Oracle Cloud Computing

In this story Oracle

Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours

Lead Source

CNBC — Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours ↗

How this story grew

Coverage · 19 Discussion · 1

8:32 PM2:03 AM UTC

More

Oracle: Oracle

The Information: The Information

SiliconANGLE: SiliconANGLE

Business Insider: Business Insider

The Information: The Information

Investor's Business Daily: Investor's Business Daily

Bloomberg: Bloomberg

Financial Times: Financial Times

Dow Jones Newswires: Dow Jones Newswires

Wall Street Journal: Wall Street Journal

Constellation Research: Constellation Research

Proactive: Proactive

Quartz: Quartz

Reuters: Reuters

Seoul Economic Daily: Seoul Economic Daily

Finimize: Finimize

Investopedia: Investopedia

Discussion

Related stories

CNBC: Salesforce reports Q2 revenue up 11% YoY to $11.35B, vs. $11.32B est., net income up 87% to $3.5B, forecasts Q3 revenue above est.; CRM jumps 13%+ after hours

CNBC: Dell reports Q2 revenue up 58% YoY to $46.97B, vs. $44.92B est., and forecasts $192B in FY 2027 revenue, vs. $172.67B est.; DELL jumps 9%+ after hours

MarketWatch: Snowflake reports Q2 revenue up 35% YoY to $1.55B, vs. $1.48B est., and forecasts Q3 and FY 2027 product revenue above estimates; SNOW jumps 20%+ after hours

Bloomberg: Super Micro reports Q4 revenue up 93% YoY to $11.1B, vs. $11.3B est., and forecasts Q1 and FY 2027 revenue above estimates; SMCI jumps 9%+ after hours

Reuters: Cisco reports Q4 revenue up 18% YoY to $17.25B, vs. $16.82B est., AI infrastructure orders from hyperscalers worth $4B, forecasts FY 2027 revenue above est.

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif