Oracle Corp

ORCL: XNYS (USA)
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Oracle Earnings: Solid Execution Secures Revenue Target and Mitigates Investor Concerns

Oracle delivered outstanding third-quarter results ahead of expectations, with total revenue up 22% to $17 billion and cloud revenue up 44% to $9 billion. Most importantly, cloud infrastructure revenue expanded 84% to $5 billion, and it is the main contributor to Oracle's quarterly outperformance.

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