On September 9, 2024, Oracle Corporation released its financial results for the fiscal first quarter ending August 31, 2024. The report highlighted a 7% increase in total revenue to $13.3 billion, with cloud services revenue growing by 21% to $5.6 billion. Oracle's GAAP earnings per share rose by 20% to $1.03, while non-GAAP earnings per share increased by 17% to $1.39. The company's cloud infrastructure revenue saw a significant 45% increase, and the total remaining performance obligations surged by 53% to $99 billion. Oracle's Board of Directors also declared a cash dividend of $0.40 per share, payable on October 24, 2024, to stockholders of record as of October 10, 2024. Additionally, Oracle announced a MultiCloud agreement with AWS, which is expected to go live in December of the same year. This partnership will allow AWS customers to access Oracle's database technology, including the Exadata hardware and Version 23ai of the database software, directly within AWS cloud datacenters.

On September 9, 2024, Oracle Corporation released its financial results for the fiscal first quarter ending August 31, 2024. The report highlighted a 7% increase in total revenue to $13.3 billion, with cloud services revenue growing by 21% to $5.6 billion. Oracle's GAAP earnings per share rose by 20% to $1.03, while non-GAAP earnings per share increased by 17% to $1.39. The company's cloud infrastructure revenue saw a significant 45% increase, and the total remaining performance obligations surged by 53% to $99 billion. Oracle's Board of Directors also declared a cash dividend of $0.40 per share, payable on October 24, 2024, to stockholders of record as of October 10, 2024. Additionally, Oracle announced a MultiCloud agreement with AWS, which is expected to go live in December of the same year. This partnership will allow AWS customers to access Oracle's database technology, including the Exadata hardware and Version 23ai of the database software, directly within AWS cloud datacenters.