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Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., and remaining performance obligations up 359% to $455B; ORCL jumps 25%+ after hours (Jordan Novet/CNBC) from Techmeme RSS feed.
Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., and remaining performance obligations up 359% to $455B; ORCL jumps 25%+ after hours (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., and remaining performance obligations up 359% to $455B; ORCL jumps 25%+ after hours — Oracle shares spiked 26% in extended trading on Tuesday after the database software maker indicated hefty growth prospects due to new cloud contracts …