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Oracle Stock Rises on Strong Earnings. The Cloud Software Business Is Still Growing.

Por: MarketWatch Business December 13, 2022

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For the fiscal second quarter ended Nov. 30, Oracle (ticker: ORCL) posted revenue of $12.28 billion, up 18% from a year ago, or 25% adjusted for currency. The company growth in the 15% to 17% range as reported, or 21% to 23% adjusted for currency. Growth excluding the company’s acquisition of the healthcare software company Cerner was 9% adjusted for currency, accelerating slightly from the fiscal first quarter. Oracle noted that revenue in... + full article



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