From left, former Fox Corporation executive chairman Rupert Murdoch and Oracle co-founder, Chief Technology Officer and Executive Chairman Larry Ellison will speak to reporters at the White House Oval Office in Washington on February 3, 2025.
Anna Moneymaker | Getty Images News | Getty Images
Oracle Stocks rose roughly 8% in Wednesday’s extension trading after software makers reported results showing that cloud growth was accelerated.
Here’s how the company did it compared to the LSEG consensus:
Earnings per share: $1.70 adjusted vs. $1.64 forecast: $15.9 billion vs. $155.9 billion
Revenue rose 11% in the fourth quarter, closing on May 31, according to the statement. Net income rose to $3.43 billion, or $1.19 per share, from $3.14 billion in the same period last year, or $1.11 per share.
CEO Safra Catz said in a conference call with analysts that cloud infrastructure revenue should increase by more than 70% in 2026, up from 52% growth in 2026. She requested more than $67 billion in revenue for fiscal year 2026, compared to the LSEG consensus $65.1 billion.
The company demanded $1.46 to $1.50 in adjusted earnings per share for the first quarter, with revenues increasing in the 12% to 14% range. Analysts surveyed by LSEG were expecting revenues of $1.48 per share and $149.6 billion. This means 12.4% growth.
The company said its fourth quarter revenue from cloud services and licensing support totaled $11.7 billion, exceeding the $11.59 billion consensus from analysts voted by StreetAccount. Cloud and on-premises license revenues exceeded StreetAccount’s $1.82 billion consensus with revenue of $2.01 billion.
During the quarter, Oracle announced a partnership between Cleveland Clinic and G42, an AI distribution platform for healthcare. Oracle has also announced its cloud and consulting commitment IBM. Softbank also said it would acquire Oracle-backed chip design startup amperes for $6.5 billion.
Chinese online retailer Temu is moving its infrastructure to Oracle’s cloud, says Larry Ellison, co-founder and technology chief at Oracle.
Capital expenditures for fiscal year 2025 exceeded $21 billion compared to under $7 billion in fiscal year 2024. The tally for the new fiscal year should exceed $25 billion.
As of Wednesday’s end, Oracle’s shares had risen 6% per year, while the S&P 500 index had risen 2%.
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