Oracle Corporation ( (ORCL) ) has released its Q2 earnings. Here is a breakdown of the information Oracle Corporation presented to its investors.
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Oracle Corporation is a leading global technology company specializing in cloud infrastructure and software solutions, recognized for its innovative AI technologies. In its fiscal 2025 second quarter, Oracle reported a 9% increase in total revenue, reaching $14.1 billion, with significant growth in cloud infrastructure and applications. The company also saw a 24% rise in GAAP earnings per share to $1.10 and a 10% increase in non-GAAP earnings per share to $1.47. Key highlights from Oracle’s earnings report include a 52% increase in Cloud Infrastructure (IaaS) revenue, driven by record-level AI demand, and a 24% growth in overall cloud revenue. Oracle’s strategic partnership with Meta to enhance AI Agents and the deployment of AI models for various applications underline its commitment to technological advancement. Looking ahead, Oracle remains optimistic about its growth prospects, with expectations of surpassing $25 billion in total cloud revenue for the fiscal year.
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