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Oracle beats quarterly revenue estimates

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Oracle beats quarterly revenue estimates

Sep 10, 2024 2:57 AM

Sept 9 (Reuters) - Oracle beat first-quarter

revenue estimates on Monday, boosted by growing demand for its

cloud offerings from companies deploying artificial

intelligence.

Revenue for the quarter stood at $13.31 billion, compared

with analysts' estimates of $13.23 billion, according to LSEG

data.

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