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Oracle — Archive · Vol 306 Issue 2

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Oracle News, Monday, September 11,2023

Oracle Announces Fiscal 2024 First Quarter Financial Results

Vol 306 · Issue 2 · 2023-09-11

Oracle Corporation (NYSE: ORCL) announced fiscal 2024 Q1 results. Total quarterly revenues were up 9% year-over-year in USD and up 8% in constant currency to $12.5 billion. Cloud services and license support revenues were up 13% in USD and up 12% in constant currency to $9.5 billion. Cloud license and on-premise license revenues were down 10% in USD and down 11% in constant currency to $0.8 billion.

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Oracle Announces Fiscal 2024 First Quarter Financial Results