Wed, 11 Dec 2024 10:45:03 GMT
Oracle's quarterly results bring uncertainty about its future
On December 9th Oracle presented quarterly results to the public. Oracle's fiscal Q2 2025 results show strong growth, with total revenue of $14.1 billion, up 9% year-over-year. Cloud revenue reached $5.9 billion, a 24% increase, driven by a 52% rise in cloud infrastructure (IaaS) revenue. GAAP earnings per share grew 24% to $1.10, while non-GAAP earnings per share increased 10%