Oracle Stock Is Rising +10% After Q3 '24 Earnings
Oracle Stock Is Rising +10% After Q3 '24 Earnings
$Oracle (ORCL.US)$ shares are trading higher Tuesday after the firm said third-quarter revenue increased 7% year-over-year to $13.3 billion, which missed the consensus estimate of $13.306 billion. The company reported quarterly earnings of $1.41 per share, which beat average estimates of $1.38.
$甲骨文 (ORCL.US)$ 週二股價上漲，此前該公司表示，第三季度收入同比增長7％，至133億美元，未達到共識估計的133.06億美元。該公司公佈的季度收益爲每股1.41美元，超過了平均預期的1.38美元。
The total remaining performance obligations climbed 29%. Total cloud revenues were up 25%, cloud infrastructure revenues were up 49%, cloud application revenues were up 14%, Fusion cloud revenue was up 18%, and NetSuite Cloud ERP revenues were up 20% in the quarter.
剩餘履約義務總額增長了29％。本季度，雲總收入增長了25％，雲基礎設施收入增長了49％，雲應用程序收入增長了14％，Fusion雲收入增長了18％，NetSuite雲ERP收入增長了20％。
"We expect to continue receiving large contracts reserving cloud infrastructure capacity because the demand for our Gen2 AI infrastructure substantially exceeds supply—despite the fact we are opening new and expanding existing cloud datacenters very, very rapidly," said Safra Catz, CEO of Oracle.
甲骨文首席執行官薩夫拉·卡茨表示：“儘管我們正在非常非常迅速地開設新的和擴展現有云數據中心，但我們預計將繼續收到保留雲基礎設施容量的大型合同，因爲對我們的第二代人工智能基礎設施的需求遠遠超過供應。”
"We expect that 43% of our current $80 billion of Remaining Performance Obligations will be recognized as revenue over the next four quarters and that our Gen2 Cloud Infrastructure business will remain in a hypergrowth phase—up 53% in Q3—for the foreseeable future."
“我們預計，在可預見的將來，我們目前800億美元的剩餘績效義務中有43％將確認爲收入，並且我們的第二代雲基礎設施業務將保持高速增長階段——第三季度增長53％。”
Oracle's board also declared a quarterly cash dividend of 40 cents per share to be paid on April 24 to stockholders of record as of April 10.
甲骨文董事會還宣佈，將於4月24日向截至4月10日的登記股東支付每股40美分的季度現金股息。
On the conference call following the print, Oracle said it expects total revenues including Cerner to grow between 4% and 6%, according to Benzinga Pro. The company also noted that it plans to make some joint announcements with $NVIDIA (NVDA.US)$ next week. Nvidia's 2024 GTC Conference is set to kick off on March 18.
根據Benzinga Pro的數據，甲骨文在印刷後的電話會議上表示，預計包括Cerner在內的總收入將增長4％至6％。該公司還指出，它計劃與之發佈一些聯合公告 $英偉達 (NVDA.US)$ 下週。英偉達的2024 GTC會議定於3月18日拉開帷幕。
Analyst Changes: Multiple analysts raised price targets on Oracle following the company's quarterly results.
分析師變動：在甲骨文公佈季度業績後，多位分析師上調了公司的目標股價。
Piper Sandler analyst Brent Bracelin maintained Oracle with an Overweight and raised the price target from $122 to $140.
派珀·桑德勒分析師布倫特·佈雷西林維持甲骨文增持，並將目標股價從122美元上調至140美元。
Barclays analyst Raimo Lenschow maintained Oracle with an Overweight and raised the price target from $140 to $147.
巴克萊分析師雷莫·倫肖維持甲骨文增持，並將目標股價從140美元上調至147美元。
JPMorgan analyst Mark Murphy maintained Oracle with a Neutral and raised the price target from $100 to $105.
摩根大通分析師馬克·墨菲維持甲骨文中立，並將目標股價從100美元上調至105美元。
Jefferies analyst Brent Thill maintained Oracle with a Buy and raised the price target from $145 to $150.
傑富瑞分析師布倫特·希爾維持甲骨文的買入，並將目標股價從145美元上調至150美元。
BofA Securities analyst Brad Sills maintained Oracle with a Neutral and raised the price target from $122 to $144.
美銀證券分析師布拉德·西爾斯維持甲骨文中立的立場，並將目標股價從122美元上調至144美元。
Mizuho analyst Siti Panigrahi maintained Oracle with a Buy and raised the price target from $140 to $160.
瑞穗分析師西蒂·帕尼格拉希維持甲骨文的買入並將目標股價從140美元上調至160美元。
Bernstein analyst Mark Moerdler maintained Oracle with an Outperform and raised the price target from $147 to $159.
伯恩斯坦分析師馬克·莫德勒維持甲骨文的跑贏大盤，並將目標股價從147美元上調至159美元。