Oracle Stock (ORCL): Climbs as Q1 Earnings Beat Expectations, Cloud Revenue Surges 22% – MoneyCheck

Oracle Stock (ORCL): Climbs as Q1 Earnings Beat Expectations, Cloud Revenue Surges 22% – MoneyCheck

TLDR:

  • Oracle’s Q1 fiscal 2025 earnings beat estimates, with non-GAAP EPS of $1.39
  • Cloud services and license support revenues increased 10% year-over-year
  • Total cloud revenues grew 22% to $5.6 billion
  • Oracle announced a multi-cloud partnership with…

Article Source
https://moneycheck.com/oracle-stock-orcl-climbs-as-q1-earnings-beat-expectations-cloud-revenue-surges-22/