Oracle had a tremendous run in 2021 as the company fired on all cylinders and saw material sentiment change as its cloud business found footing surpassing $10 billion a year in run rate revenue. Futurum’s principal analyst Daniel Newman dives into the results and his expectations for the company moving forward.
Oracle saw its revenues grow 8% and its EPS saw a big jump a the company continues to gain momentum in its cloud and applications business.
Oracle, despite a quarter overshadowed by COVID-19, delivered its earnings and came up slightly shy of revenue YoY. A look at what its Q4 performance means.
Oracle Q4 earnings report is in, but what does it really mean? Oracle’s history of fuzzy reporting makes it difficult to really know, but here is what two of our analysts, Ron Westfall and Daniel Newman, have to say about these results.