Oracle CFO expects RPO convert to revenue over 36 months
The Oracle CFO said about half of RPO is expected to convert into revenue over the next 36 months, while a new revenue backlog is not expected to affect capex or revenue until FY2028 or later. The full-year capex forecast remains $90B-$95B, with spending expected to be uneven through the year.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.