Oracle beats estimates, forecasts accelerated cloud growth, partnerships announced, SoftBank acquisition, strong YTD performance
From CNBC: 2025-06-11 16:30:00
Oracle shares surged 8% after beating Wall Street estimates and forecasting accelerated cloud growth. Q4 revenue rose 11% to $15.9 billion, with net income at $3.43 billion. CEO Catz projects 70% cloud revenue growth in 2026. Partnerships with Cleveland Clinic, G42, and IBM were announced. SoftBank to acquire Ampere for $6.5 billion. Oracle up 6% YTD.
Read more at CNBC:: Oracle (ORCL) Q4 earnings report 2025