From CNBC: 2025-03-10 19:31:28

Oracle announced quarterly results below analysts’ estimates. Revenue was $14.13 billion, up 6% from last year. Net income rose 22% to $2.94 billion. Cloud services revenue grew 10% to $11.01 billion. Oracle is doubling data center capacity this year. President Trump plans to invest in AI infrastructure with Oracle. Oracle has $130 billion in performance obligations and will increase CapEx to $16 billion. Fourth-quarter revenue growth is expected to be 8-10%. Oracle’s stock is down 11% year to date.



Read more at CNBC:: Oracle (ORCL) Q3 earnings report 2025