Wed, 10 Sep 2025 14:45:06 GMT
Oracle soars more than 30%
Oracle announced blockbuster first-quarter results, highlighted by an astonishing 359% surge in its future contracted revenue backlog, known as Remaining Performance Obligations (RPO), to $455 billion. This massive increase, fueled by major cloud and AI deals, signals a dramatic acceleration in the company's future growth and overshadowed solid gains in current revenue and earnings.
For the quarter, Oracle's total revenue grew