Oracle ORCL shares rose in extended trading on Thursday after the software giant reported better-than-expected fiscal first-quarter results and offered an upbeat outlook for the current quarter. The company's growing cloud business, driven by demand for artificial intelligence (AI) infrastructure, continues to support its expansion. However, rising capital spending, mounting debt and negative free cash flow remain key concerns for investors. Oracle Beats Estimates in Q1 Oracle reported first-quarter fiscal 2027 non-GAAP earnings of $1.92 per share, which beat the Zacks Consensus Estimate by 10.3% and increased 30% in dollar terms and 30% in constant currency (cc) on a year-over-year basis. Total quarterly revenues increased 30% year over year to $19.
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