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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Oracle Corp | NYSE:ORCL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.04% | 115.95 | 15,301 | 13:49:56 |
From Apr 2021 to Apr 2024
By Maria Armental
Oracle Corp. reported an 8% revenue increase in the latest period, ending the year with a record $40.48 billion in revenue.
The business software giant also reported a record $13.75 billion profit for the year ended May 31 and pointed to accelerating growth rates of both its applications and infrastructure cloud businesses.
Overall, fourth-quarter profit rose to $4.03 billion from $3.12 billion a year earlier. On a per-share basis, profit was $1.37, or $1.54 as adjusted.
Revenue rose to $11.23 billion from $10.44 billion a year earlier.
Analysts surveyed by FactSet expected a profit of $1.05 a share, or $1.31 a share as adjusted, and $11.02 billion in revenue.
Operating cash flow, the company said, was up 21% to a record $15.9 billion during the trailing twelve months.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
June 15, 2021 16:30 ET (20:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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