Oracle’s fourth-quarter numbers are in, and here are a few key insights.
It’s impressive to watch how Oracle is gaining ground. All thanks to the confidence of our customers and the successful implementation of the plans made by our executives!
- Revenue increased by 17% year over year.
- Cloud services and licensing support increased by 23% annually to $9.37 billion.
- Cloud infrastructure revenue increased 76% to $1.4 billion.
- Oracle shares have risen over 43% this year, while the S&P 500 index has risen about 13%.
Press Release:
https://www.oracle.com/news/announcement/q4fy23-earnings-release-2023-06-12/
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