© Reuters. FILE PHOTO: The Oracle logo is shown on an office building in Irvine, California, U.S. June 28, 2018. REUTERS/Mike Blake
(Reuters) – Oracle Corp (NYSE:) posted better-than-expected quarterly revenue on Monday, driven by strong demand for its cloud software business as companies move to hybrid working models.
The software company’s total revenue rose 18.5% to $12.28 billion in the second quarter compared with a Refinitiv consensus estimate of $12.05 billion, per 19 analysts.
Be the first to comment