India, June 11 -- While reporting its fourth quarter results, Oracle Corp. (ORCL) announced that its fiscal year 2025 went really well, but it believes fiscal year 2026 will be even better because its revenue is expected to grow much faster.
ORCL closed Wednesday's regular trading at $176.38 down $1.10 or 0.62%. But in the after-hours trading, the stock gained $13.37 or 7.58%.
The company expects its total cloud growth rate-applications plus infrastructure-will increase from 24% in fiscal year 2025 to over 40% in fiscal year 2026. Cloud Infrastructure growth rate is expected to increase from 50% in fiscal year 2025 to over 70% in fiscal year 2026. And Remaining Performance Obligations (RPO) is likely to grow more than 100% in fiscal year ...