Keyword → IaaS

Oracle Surges 10% After Cloud Revenue Explodes 84%, Raises FY2027 Guidance to $90 Billion

Mar 11, 2026

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Oracle Surges 10% After Cloud Revenue Explodes 84%, Raises FY2027 Guidance to $90 Billion

Oracle delivered a landmark fiscal third-quarter earnings beat on Tuesday, with cloud infrastructure revenue soaring 84% year-over-year to $4.9 billion, driven by insatiable AI workload demand. The company raised its fiscal 2027 revenue guidance to $90 billion and reported its first simultaneous 20%-plus growth in both revenue and earnings in over 15 years, sending shares up more than 10% in Wednesday trading.

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Oraclecloud computingAI infrastructureearnings beatIaaSFY2027 guidanceenterprise software
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