YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Oracle shares jump on company revenue forecast

Posted online

Oracle shared jumped after the company released a revenue forecast.

The forecast points to potential revenue of $144 billion by 2030. The current fiscal year projection is $18 billion.

"We expect Oracle cloud infrastructure revenue to grow 77% to $18 billion this fiscal year – and then increase to $32 billion, $73 billion, $114 billion and $144 billion over the subsequent four years," CEO Safra Catz said in a statement.

Read more from Quartz.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences