Oracle Q1 Cloud Revenue Up 30%, Cloud Infrastructure Revenue Up 66%, Cloud Application Revenue p 17%, Fusion Cloud ERP Revenue Up 21%, NetSuite Cloud ERP Revenue Up 21%
Portfolio Pulse from Bill Haddad
Oracle's Q1 report shows significant growth in various cloud sectors. Cloud revenue is up 30%, cloud infrastructure revenue has increased by 66%, cloud application revenue has risen by 17%, Fusion Cloud ERP revenue is up 21%, and NetSuite Cloud ERP revenue has also increased by 21%.
September 11, 2023 | 8:07 pm
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Oracle's Q1 earnings report shows strong growth in its cloud sectors, which could positively impact its stock price.
Oracle's Q1 report shows significant growth in its cloud sectors. This strong performance could make the company more attractive to investors, potentially leading to an increase in its stock price.
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