By Jordan Novet
Publication Date: 2025-12-10 17:09:00
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure.
AI-related stocks were hit following the report with, chipmakers Nvidia and Advanced Micro Devices each dropping about 1% and cloud provider CoreWeave sliding more than 3%.
Here’s how Oracle did in comparison with LSEG consensus:
- Earnings per share: $2.26 adjusted vs. $1.64 expected
- Revenue: $16.06 billion vs. $16.21 billion expected
With respect to guidance, Oracle called for $1.70 to $1.74 in adjusted earnings per share and 19% to 21% revenue growth for the fiscal third quarter. The LSEG consensus included $1.72 in earnings per share and $16.87 billion in revenue, implying 19% growth.
Oracle’s fiscal second-quarter revenue grew 14% from a year ago in the quarter that ended Nov. 30, according to a statement. Net income, rose to $6.14 billion, or $2.14 per share, from $3.15 billion, or $1.13 per share, in the same quarter a year earlier. Adjusted earnings exclude stock-based compensation.
The company posted $7.98 billion in cloud revenue, more than the $7.92 consensus among analysts polled by StreetAccount. Cloud infrastructure revenue totaled $4.1 billion, up 68%. Oracle also pointed to cloud business from Airbus, Canon, Deutsche Bank, LSEG, Panasonic and Rubrik.
Software revenue fell 3% to $5.88 billion, missing the $6.06 billion average analyst estimate.
Remaining…
