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Oracle Q3 net income rises 27% as cloud revenue accelerates

Summary by Tech Monitor
Oracle reported a 27% increase in net income for Q3 FY26, with profit rising to $3.7bn from $2.9bn in the same period a year earlier.
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Oracle has published results above expectations for its third fiscal quarter 2026 (closed at the end of February) and reassures markets on the strength of its strategy in the infrastructure dedicated to artificial intelligence. The group has a turnover of $17.2 billion in annualized growth of 22% (18% at constant exchange rate), [...] The post Oracle publishes solid quarterly and reassures on its infrastructure strategy IA appeared first on Chan…

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The technological giant Oracle obtained a clearly attributed profit of 3,699 million dollars (3,180 million euros) in its third fiscal trimester, ended on February 28, which is equivalent to an increase of 26% compared to the profits counted in the same period of the previous year, according to the company. [...] The Oracle entry earned 26% more in its third fiscal trimester and shoots its portfolio of contracts by the AI aparece primero en Forb…

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Tech Monitor broke the news on Wednesday, March 11, 2026.
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