Oracle shares rise after Q1 earnings beat and 62% cloud revenue jump
Oracle Corp. reported fiscal 2027 first-quarter EPS of $1.92, beating the $1.74 consensus. Quarterly revenue came in at $19.35 billion versus $19.14 billion, with total cloud revenues up 62% to $11.6 billion.
Oracle Corp. 34%, according to Pro data. 93 billion in the same period last year. 6 billion, up 62% in USD and 61% in constant currency.
2 billion. Remaining performance obligations climbed $209 billion year over year to $664 billion. 07 analyst estimate. 79 billion estimate.
10 in Thursday’s extended trading.