Oracle Climbs Amid Analyst Meeting with Ambitious Fiscal 2029 Revenue Target
Thursday, 12 September 2024, 21:12
Oracle’s Ambitious Revenue Targets
Oracle shares climbed 6% during post-market trading Thursday after it increased its revenue guidance at the financial analyst meeting. The company outlined strategies to drive growth and highlighted opportunities within its cloud services segment.
Key Details
- Revenue target for fiscal 2029 set at $104B.
- Analysts optimistic about future performance.
- Focus on cloud integration and service expansion.
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