Page 3 - Oracle Exadata News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oracle (NYSE: ORCL) reported its second quarter results that failed to impress the market. The weaker than expected performance and outlook sent the stock falling 9% in the after-hours trading session. Oracle's Financials Revenue for the first quarter grew 5% to $12.94 billion, below analyst estimates of $13.05 billion. Adjusted EPS of $1.34 was better than the market's forecast of $1.32. Oracle's revenue from cloud services and license support revenues grew 12% to $9.64 billion, missing the consensus of $9.71 billion. Revenue from cloud and on-premises licenses fell 18% to $1.1...

Gartner recognizes Oracle as a Leader in the 2023 Magic Quadrant for Cloud Database Management Systems. Oracle today announced that it has been recognized by Gartner in three recently published cloud...

Gartner recognizes Oracle as a Leader in the 2023 Magic Quadrant™ for Cloud Database Management Systems  AUSTIN, Texas, Jan. 16, 2024 /PRNewswire/ -- Oracle today announced that it has been...

Oracle today announced the opening of an Oracle Cloud Region in Colombia in partnership with Claro, becoming the first major cloud provider to establish a public cloud region in the country. Claro is one of the host partners for the new Oracle Cloud Bogotá Region, and through its partnership with Oracle it becomes the first telecommunications operator to offer Oracle Cloud Infrastructure (OCI) services to organizations across Colombia.

Oracle is opening a second Oracle Cloud Region in Chile, making it the first hyperscaler to have two regions in the country. With the new Oracle Cloud Valparaíso Region and the existing region in Santiago, Oracle will help organizations across all industries in Chile strengthen business continuity while addressing data residency and sovereignty requirements.