Oracle Corporation reported on Wednesday that its revenue for the fourth quarter of its fiscal 2026 stood at $19.2 billion, increasing 21% on an annual basis and topping analysts' expectations.
Year over year, net income jumped 25.5% to reach $4.3 billion as diluted earnings per share increased by 22% to $1.45. For full fiscal 2026, the company's revenue rose 17% to $67.4 billion, while diluted earnings per share surged 34% to $5.83.
"For fiscal year 2027, we confirm our prior revenue guidance of $90 billion total revenue and raise our non-GAAP EPS guidance to $8.05, which is growth of 18% after adjusting for the one-time events of selling our Ampere chip business and Bloom Energy warrants in fiscal year 2026," the tech firm added.
Oracle's shares lost 2.21% in after-hours trading following the release of the report.
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