Oracle bets on cloud boom for upbeat profit forecast

By on
Oracle bets on cloud boom for upbeat profit forecast

Hybrid work, cloud transition to help investments pay off.

Oracle forecast fourth-quarter profit above Wall Street estimates as the legacy software firm expects its heavy cloud investments to pay off, as more businesses ramp up their spending to support hybrid work and transition to cloud. The company's strong forecast, which was disclosed on a ...

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

Log In

  |  Forgot your password?