Oracle Corp
ORCL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%r | LOCK|S#r!N | LOCK|>W&<^%< |
Oracle Earnings: Solid Execution Secures Revenue Target and Mitigates Investor Concerns
Oracle delivered outstanding third-quarter results ahead of expectations, with total revenue up 22% to $17 billion and cloud revenue up 44% to $9 billion. Most importantly, cloud infrastructure revenue expanded 84% to $5 billion, and it is the main contributor to Oracle's quarterly outperformance.
