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Cloud computing giant Oracle predicted “dramatically higher" revenue growth in its current fiscal year, driven by an order backlog it projects to double in size.
Chief Executive Safra Catz late Wednesday called for “dramatically higher” revenue growth rates in the fiscal year ahead.
Oracle shares are jumping in premarket trading Thursday, a day after the tech giant's fiscal fourth-quarter results topped ...
We are putting out as much capacity as we possibly can,” CEO Safra Catz said during a Wednesday earnings call.
Catz raised Oracle's fiscal year 2026 revenue guidance to at least $67 billion, representing 16% growth in constant currency. She added, "I expect that total cloud revenue will grow over 40% in ...