Oracle Surges 13% After Raising 2026 Revenue Forec…
From Financial Modeling Prep: 2025-06-12 16:18:00
Oracle’s stock soared over 13% as the company raised its full-year revenue outlook to $67 billion for fiscal 2026, a 16.7% increase. Q4 earnings beat expectations at $1.70 per share on $15.9 billion in revenue. Oracle Cloud Infrastructure revenue surged 62% and remaining performance obligations increased 41% to $138 billion.
Read more at Financial Modeling Prep:: Oracle Surges 13% After Raising 2026 Revenue Forec…