Oracle: Q3 EPS up 4%
(CercleFinance.com) - Oracle reports adjusted EPS (non-GAAP) up 4% to $1.
47 for Q3 2024-25, with an adjusted operating margin stable at 44% on revenues that are up 6% to $14.1bn (+8% at constant exchange rates).
In particular, the enterprise software company's cloud revenues rose 23% to $6.2bn, driven by a 49% jump in IaaS (infrastructure) revenues to $2.7bn, while SaaS (applications) revenues rose by 9% to $3.6bn.
Oracle signed sales contracts worth over $48bn in Q3. We now have cloud agreements with several global leaders including OpenAI, xAI, Meta, Nvidia and AMD, CEO Safra Catz says.
We expect our impressive sales backlog of $130bn to help us achieve 15% growth in Oracle's total revenues in our fiscal year starting in June, she continued.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
47 for Q3 2024-25, with an adjusted operating margin stable at 44% on revenues that are up 6% to $14.1bn (+8% at constant exchange rates).
In particular, the enterprise software company's cloud revenues rose 23% to $6.2bn, driven by a 49% jump in IaaS (infrastructure) revenues to $2.7bn, while SaaS (applications) revenues rose by 9% to $3.6bn.
Oracle signed sales contracts worth over $48bn in Q3. We now have cloud agreements with several global leaders including OpenAI, xAI, Meta, Nvidia and AMD, CEO Safra Catz says.
We expect our impressive sales backlog of $130bn to help us achieve 15% growth in Oracle's total revenues in our fiscal year starting in June, she continued.
Copyright (c) 2025 CercleFinance.com. All rights reserved.