Oracle Said Total Revenues, Including Cerner, Are Expected To Grow From 4% To 6% Total Revenue Excluding Cerner Are Expected To Grow 6% To 8% Total Revenue -Conf Call
Portfolio Pulse from Charles Gross
Oracle announced in a conference call that its total revenues, including contributions from Cerner, are expected to grow by 4% to 6%. Excluding Cerner, Oracle's revenue growth is projected to be between 6% and 8%.
March 11, 2024 | 9:31 pm
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Oracle expects total revenue growth of 4-6% with Cerner, and 6-8% without Cerner, indicating a positive outlook.
The projected revenue growth, both including and excluding Cerner, suggests a strong performance and positive outlook for Oracle. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in Oracle's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100