Oracle Shares Jump as CEO Targets 'Dramatically Higher' Revenue Growth Ahead

Published: 2025-06-11 16:52:08 ET ORCL

Published on 06/11/2025 at 16:52

By Dean Seal

Oracle logged double-digit revenue growth in the fourth quarter and set its sights on even bigger gains in the fiscal year ahead, pushing shares higher after hours.

The cloud-services company said revenue was up 11% to $15.9 billion in the quarter-ended May 31, topping analyst forecasts for $15.58 billion, according to FactSet.

Shares rose 7.3% to $189.09 in after-hours trading.

Revenue growth rates are expected to be "dramatically higher" in fiscal 2026, which started this month, Chief Executive Safra Catz said. Growth from both its cloud applications and cloud infrastructure businesses is set to accelerate, he said.

"Oracle is well on its way to being not only the world's largest cloud application company, but also one of the world's largest cloud infrastructure companies," Catz said.

Oracle posted a profit of $3.43 billion, or $1.19 a share, for the recently completed fiscal fourth quarter, compared with $3.14 billion, or $1.11 a share, in the same period a year earlier.

Stripping out one-time items, adjusted earnings were $1.70 a share. Analysts polled by FactSet had been expecting $1.64 a share.

The Austin, Texas-based company said cloud services and license support revenue were up 14% during the quarter while cloud incense and on-premise license revenue gained 9% year-over-year.

Write to Dean Seal at [email protected]

(END) Dow Jones Newswires

06-11-25 1651ET