Oracle's stock jumps 7% on earnings beat as cloud infrastructure revenue more than doubles

Oracle's shares rose 6% in extended trading after reporting record Q1 results with $19.35B revenue, up 30% YoY. Cloud infrastructure revenue more than doubled to $7.4B, driven by AI demand. The company forecast 30-34% revenue growth for the current quarter and at least $90B for the full year, exceeding analyst expectations.

Oracle (ORCL) reported fiscal Q1 earnings of $1.92 per share on revenue of $19.35 billion, exceeding expectations. Cloud infrastructure growth accelerated to triple digits, driving the stock higher. The company cited strong demand for AI computing power as a key factor.

Oracle Corp. reported cloud sales growth of 121% to $7.4B, exceeding estimates. The company also completed a $20B equity sale. Fiscal Q1 sales rose 30% to $19.3B, with EPS of $1.92. Shares gained 4% in extended trading. The company is expanding AI data centers, adding 850MW of capacity.

Oracle reported Q1 revenue of $19.3B, beating estimates, and raised its annual profit forecast. Cloud demand and AI spending drove growth, with a $664B revenue backlog. Shares rose 7% in extended trading. The company expects fiscal 2027 revenue of at least $90B and EPS of $8.10, citing strong data center investments.

Oracle (ORCL) reported fiscal Q1 earnings of $1.92 per share, beating estimates. Revenue and guidance also exceeded expectations, driving a 7% post-market rally. The company cited AI as a key growth driver.

Oracle reported Q1 FY2027 earnings exceeding estimates, with cloud infrastructure revenue up 121% to $7.4B and total revenue up 30% to $19.35B. Adjusted earnings rose 30% to $1.92 per share. The company forecasted Q2 adjusted EPS of $1.85-$1.93 and revenue growth of 30-34%.