On December 10, the financial news agency reported (editor Liu Rui) that after the market closed on Monday Eastern Time, oracle released its second quarter financial report. As the 'hotshot' in this year's ai boom in US stocks, this popular ai stock's performance failed to surprise investors.

At the same time, oracle's performance expectations for the next quarter were also more conservative than analysts' expectations, which greatly disappointed investors, and the company's stock price fell by more than 7% in after-hours trading.

The financial report shows that in the second quarter ending November 30,

the adjusted earnings per share (EPS) were 1.47 dollars, a slight year-on-year increase of 9.7%, lower than the expected 1.48 dollars;

Revenue was 14.06 billion dollars, a year-on-year increase of 9%, slightly below the expected 14.1 billion dollars;

Net income grew by 26% year-on-year to 3.15 billion dollars, compared to 2.5 billion dollars in the same period last year.

Key department data shows that,

Oracle's cloud computing service revenue increased by 12% year-on-year to 10.81 billion USD, accounting for 77% of total revenue.

Revenue from the cloud infrastructure department surged by 52% year-on-year to 2.4 billion USD.

Cloud infrastructure is Oracle's largest growth engine, and it is also a business area that faces fierce competition from technology giants like amazon, microsoft, and google. The industry is thriving due to the skyrocketing demand for computing power capable of handling ai projects.

Industry research analyst Anurag Rana wrote that Oracle's cloud infrastructure revenue grew by 52%, indicating a "strong expansion of ai workloads among direct and indirect customers."

Oracle stated that it has just signed an agreement with Meta to authorize Meta to use its infrastructure to assist in various projects related to the Llama series of large language models.

Oracle founder Larry Ellison stated in a declaration, "Oracle's cloud infrastructure has trained several of the world's most important generative ai models because we are faster and cheaper than other clouds."

The outlook for the next fiscal quarter is also below expectations.

Oracle expects current quarter revenue to grow by 7% to 9% year-on-year, meaning the expected median revenue will be about 14.3 billion USD, falling short of analysts' previous expectation of 14.65 billion USD.

The adjusted earnings per share are expected to be between $1.50 and $1.54, while analysts expect earnings per share of $1.57.

Rishi Jaluria, an analyst at the royal bank of canada capital markets, wrote that this quarterly report is "mixed, contrary to overly high expectations."

In September of this year, oracle raised its revenue forecast for fiscal 2026 to $66 billion, about $1.5 billion higher than analysts' expectations. Oracle also announced that its cloud computing department would begin accepting customer orders for ai model training and related tasks in the same month.

As of Monday's close, the stock has risen more than 80% this year and is expected to achieve its best annual performance since 1999.