You are viewing a single comment's thread from:

RE: LeoThread 2024-12-10 07:20

in LeoFinance4 months ago

Part 2/5:

Despite the overall revenue miss, the company reported its Cloud infrastructure revenue at $4.4 billion, aligning closely with market estimates. However, the Cloud application revenue came in at $3.5 billion, which is slightly below the analysts' expectations. As the Cloud sector has been recognized as a key growth driver for Oracle, these numbers indicate a mixed bag, with some parts of the business performing as expected while others lagged.

Growth Amidst Competition