Oracle Corporation has responded to the SEC's request for more detailed financial disclosures in its future filings. The SEC's Division of Corporation Finance, Office of Technology, had previously reached out to Oracle's CEO, Safra Catz, with comments on the company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024. The SEC sought a quantified discussion of customer migrations to Oracle Cloud and a more comprehensive analysis of the factors impacting Oracle's financial results. Oracle acknowledged the comments and committed to including the requested information in its next annual report for the fiscal year ending May 31, 2025, and to provide a more detailed analysis of the factors affecting its financial performance in future filings.

Oracle Corporation has responded to the SEC's request for more detailed financial disclosures in its future filings. The SEC's Division of Corporation Finance, Office of Technology, had previously reached out to Oracle's CEO, Safra Catz, with comments on the company's Annual Report on Form 10-K for the fiscal year ended May 31, 2024. The SEC sought a quantified discussion of customer migrations to Oracle Cloud and a more comprehensive analysis of the factors impacting Oracle's financial results. Oracle acknowledged the comments and committed to including the requested information in its next annual report for the fiscal year ending May 31, 2025, and to provide a more detailed analysis of the factors affecting its financial performance in future filings.