Site icon Digital Commerce 360

Oracle rides its cloud business to higher revenue

Oracle rides its cloud business to higher revenue

Oracle Corp.’s streak of revenue gains continued for a fifth straight quarter, buoyed by corporate demand for the cloud-based software it provides for business operations, e-commerce and databases. Adjusted sales rose 7% to $9.21 billion in the fiscal first quarter, exceeding analysts’ estimates, as sales of cloud-based products continued to make up a bigger portion […]

Exit mobile version