Oracle sees revenue below estimates

By

As cloud spending sputters.

Oracle sees revenue below estimates
Oracle projected current-quarter revenue below Wall Street targets and narrowly missed expectations for the first quarter as a tough economy pressured cloud spending by businesses. After a surge in cloud demand during the pandemic, businesses are rethinking their digitisation plans, hurting ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Suncorp builds generative AI engine 'SunGPT'

Suncorp builds generative AI engine 'SunGPT'

Coles Group calculates a TCO for its enterprise applications

Coles Group calculates a TCO for its enterprise applications

NAB retires its Tableau environment

NAB retires its Tableau environment

Bendigo and Adelaide Bank uses GenAI, MongoDB to refactor application

Bendigo and Adelaide Bank uses GenAI, MongoDB to refactor application

Log In

  |  Forgot your password?