Oracle's fiscal year 2024 annual report net profit of $10.467 billion, up 23.1% year-over-year

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Oracle (Stock Code: ORCL) announced its financial results. The report shows that the company’s net profit attributable to common shareholders for fiscal year 2024 was $10.467 billion, a 23.1% increase year-over-year, with operating revenue of $52.961 billion, up 6.02%. The net profit attributable to common shareholders for the fourth quarter was $3.143 billion, a 5.3% decrease year-over-year, with operating revenue of $14.287 billion, up 3.26%.

Oracle Corporation was registered in Delaware in 2005. It provides products and services to solve enterprise information technology environments. Its products and services include application and infrastructure products, which are delivered globally through various flexible and interoperable IT deployment models. These models include on-premises deployment, cloud-based deployment, and hybrid deployment, such as Oracle Cloud offered by the customer. It offers customers choice and flexibility, facilitating the best combination of products, services, and deployment options to meet customer needs. Its clients include many enterprises, government agencies, educational institutions, and resellers.

(Source: Tonghuashun (300033) iFinD)

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