Oracle posts mixed results as cloud demand surges
Oracle reported its financial results for the third quarter of fiscal year 2025, revealing revenue below market expectations but maintaining an optimistic outlook on long-term cloud growth. The company cited increasing demand for artificial intelligence (AI) computing from enterprise clients as a key driver of future expansion.
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Revenue increased 6% from $13.3 billion in the same period last year. Net income rose 22% to $2.94 billion, or $1.02 a share, ...
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