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VisitOracle Q1 2025 revenue range?
Below $14B • 25%
$14B to $14.5B • 25%
$14.5B to $15B • 25%
Above $15B • 25%
Oracle's Q1 2025 earnings report
Oracle Q4 Earnings Miss: $1.63 EPS, $14.3B Revenue, Stock +10% on Strong Cloud Growth and AI Deals
Jun 11, 2024, 08:07 PM
Oracle Corporation reported its Q4 2024 earnings, posting an adjusted EPS of $1.63, slightly below the expected $1.65. The company also reported revenue of $14.3 billion, missing the projected $14.57 billion. Despite these misses, Oracle saw significant growth in its cloud segment, with cloud revenue up 20%, cloud infrastructure revenue up 42%, and cloud application revenue up 10%. Additionally, Oracle signed over 30 AI sales contracts totaling more than $12.5 billion in Q4. The company announced a partnership with Microsoft and OpenAI to extend the Microsoft Azure AI platform to Oracle Cloud Infrastructure. Oracle's total remaining performance obligations increased by 44% to $98 billion, driven by AI-related contracts, including a $12.5 billion deal with OpenAI to train ChatGPT. Oracle's P/E Ratio stands at 31.42, with a market cap of $341.39 billion. The company declared a quarterly cash dividend of $0.40 per share. Revenue was up 3% year-over-year. The stock rose 10% in after-hours trading.
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Below $14 billion • 25%
$14 billion to $14.5 billion • 25%
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Cloud Infrastructure • 33%
SaaS Applications • 33%
Database Software • 34%
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$300B to $350B • 25%