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The Wall Street Publication > Blog > Tech > Oracle Sales Top Expectations as Cloud Businesses Thrive
Tech

Oracle Sales Top Expectations as Cloud Businesses Thrive

Editorial Board Published September 12, 2022
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Oracle Sales Top Expectations as Cloud Businesses Thrive
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By Denny Jacob

Sept. 12, 2022 5:16 pm ET

Oracle sales topped expectations in the latest quarter, as its cloud businesses and integration of Cerner Corp. lifted results despite concerns about a slowdown among technology companies in response to economic uncertainty.

The business-software giant said a stronger dollar compared with foreign currencies had a significant impact on its fiscal first-quarter results.

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