Oracle (ORCL) will report its fourth quarter earnings after the bell on Wednesday, amid recent AI trade fluctuations and as Anthropic (ANTH.PVT) and OpenAI (OPAI.PVT) set up their initial public offerings.
The cloud services and infrastructure provider counts OpenAI among its most important customers.
The Sam Altman-helmed AI startup signed a $300 billion, five-year deal with Oracle in 2025, which serves as the linchpin of its AI efforts.
For the fourth quarter, Oracle is expected to report earnings per share (EPS) of $1.97 on revenue of $19 billion, according to a Bloomberg ******* yst consensus. That would be an improvement from the $1.70 and $15.9 billion the company reported in the same period a year ago.
Oracle's broader Cloud business, which includes Cloud Applications and Cloud Infrastructure, is expected to reach $9.99 billion.
The cloud services and infrastructure provider counts OpenAI among its most important customers.
The Sam Altman-helmed AI startup signed a $300 billion, five-year deal with Oracle in 2025, which serves as the linchpin of its AI efforts.
For the fourth quarter, Oracle is expected to report earnings per share (EPS) of $1.97 on revenue of $19 billion, according to a Bloomberg ******* yst consensus. That would be an improvement from the $1.70 and $15.9 billion the company reported in the same period a year ago.
Oracle's broader Cloud business, which includes Cloud Applications and Cloud Infrastructure, is expected to reach $9.99 billion.
5 days ago
