Oracle Corp. (NYSE:ORCL) posted its fiscal 2027 first-quarter results after Thursday’s closing bell, beating estimates across the board and raising its fiscal-year earnings guidance.
Here’s a look at the key figures from the quarter.
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Oracle Q1 Details
Oracle reported quarterly earnings of $1.92 per share, which beat the analyst consensus estimate of $1.74 by 10.34%, per Benzinga Pro data.
Quarterly revenue clocked in at $19.35 billion, which beat the Street estimate of $19.14 billion and was up from $14.93 billion in the same period last year.
Oracle reported the following first-quarter highlights:
- Record Q1 Total Cloud Revenues up 62% in USD and up 61% in constant currency to $11.6 billion.
- Q1 Cloud Infra (IaaS) Revenue up 121% in USD and up 120% in constant currency to $7.4 billion.
- Q1 Cloud Apps (SaaS) Revenue up 10% in USD and constant currency to $4.2 billion.
- Remaining Performance Obligations (RPO) up $209 billion year-over-year to $664 billion
Looking Ahead
Oracle said second-quarter Total Cloud revenue is expected to grow between 64% and 70% in constant currency.
Oracle raised its fiscal adjusted EPS guidance from $8.05 to $8.10, versus the $8.07 analyst estimate. The company expects full-year revenue to be more than $90 billion, versus the $89.79 billion estimate.
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ORCL Stock Price: According to data from Benzinga Pro, Oracle stock was up 6.64% to $163.10 in Thursday’s extended trading.
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